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Popeyes 1110 Boll Weeveil Cir 2,386 SF 100% Leased Retail Building Enterprise, AL 36330 $1,746,929 ($732.16/SF) 6.35% Cap Rate
Investment Highlights
- Demographics Supporting Long-Term QSR Demand
- Nearby Schools and Education-Based Demand
- Strong EBITDAR Coverage
- Enterprise’s Dominant Retail Node
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 707 Boll Weevil Circle, Enterprise, AL 36330. The site consists of roughly 2,695 rentable square feet of building space on an estimated .17-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $110,930 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,386 SF
Building Class
B
Year Built
2025
Price
$1,746,929
Price Per SF
$732.16
Cap Rate
6.35%
NOI
$110,930
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Frontage
90’ on Boll Weevil Circle
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-05-15-2-000-002.063 | Improvements Assessment | $25,446 |
| Land Assessment | $12,500 | Total Assessment | $37,946 |
Property Taxes
Parcel Number
16-05-15-2-000-002.063
Land Assessment
$12,500
Improvements Assessment
$25,446
Total Assessment
$37,946
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Popeyes | 1110 Boll Weeveil Cir
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