246 Bexar E Ave Hamilton, AL 35570-4013
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.