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Property profile & analytics
OFF-MARKET
Drive through restaurants

246 Bexar E Ave Hamilton, AL 35570-4013

3,357 SF 0.44 ac lot Built 2003
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2596096
Property summary
AI-generated overview

This exceptional 3,676 square foot free-standing restaurant building presents a unique sublease opportunity in Hamilton, Alabama. Situated on a 0.86-acre parcel, the property boasts unparalleled visibility due to its location on Bexar Avenue (4,880 cars per day) and Military Street North (7,136 cars per day). Built in 2003, this single-story building offers a spacious, single-tenant layout, currently vacant and ready for immediate occupancy. The property's strategic location offers convenient access to a significant customer base, being only 1.6 miles (a five-minute drive) from Bevill State Community College. The existing lease agreement extends until March 31, 2038, with options available, providing long-term stability and investment potential. This is an ideal opportunity for a restaurant or retail business seeking a high-traffic location with excellent visibility and a substantial lease term. The property features no elevators, and the building consists of one structure. The county is Marion County. This turnkey property is ready for your business to thrive.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Total area 3,357 SF
Lot 0.44 ac (19,000 SF)
APN 49-09-07-35-3-000-077.000
UPID US03-2596096
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
HYDE JOHN ALEXANDER & E JEAN HYDE OF HYDE TR
HYDE JOHN ALEXANDER & E JEAN HYDE OF HYDE TR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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