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12 Saraland Blvd N 2,403 SF Retail Building Saraland, AL 36571 $904,000 ($376.20/SF) 6.56% Cap Rate


Investment Highlights
- Pizza Hut investment opportunity
- Below market rent upside property
- Major thoroughfare redevelopment site
Executive Summary
This is currently a PIzza Hut. Do not disturb the tenant.
Offered for sale is a long standing, recently remodeled Pizza Hut location with decades of operating history at this site. The restaurant benefits from established customer recognition and consistent traffic patterns, having served the surrounding community for many years.
The property is positioned on a major thoroughfare with strong visibility and access. In addition to its frontage, the site includes excess land, creating flexibility for future expansion, reconfiguration, or alternative use. The underlying real estate presents meaningful long term value independent of the current tenancy.
The current lease structure is below prevailing market rent, and the tenant has been pursuing short term extensions rather than a long term commitment. This dynamic creates a clear opportunity for an investor or owner operator. A buyer may elect to renegotiate terms directly with Flynn Restaurant Group to bring rent to market, or capitalize on the site’s redevelopment potential given its location, access, and surplus land.
This offering combines durable in place income with strategic optionality. Investors can benefit from near term cash flow while maintaining the ability to enhance value through lease restructuring, repositioning, or full redevelopment.
Offered for sale is a long standing, recently remodeled Pizza Hut location with decades of operating history at this site. The restaurant benefits from established customer recognition and consistent traffic patterns, having served the surrounding community for many years.
The property is positioned on a major thoroughfare with strong visibility and access. In addition to its frontage, the site includes excess land, creating flexibility for future expansion, reconfiguration, or alternative use. The underlying real estate presents meaningful long term value independent of the current tenancy.
The current lease structure is below prevailing market rent, and the tenant has been pursuing short term extensions rather than a long term commitment. This dynamic creates a clear opportunity for an investor or owner operator. A buyer may elect to renegotiate terms directly with Flynn Restaurant Group to bring rent to market, or capitalize on the site’s redevelopment potential given its location, access, and surplus land.
This offering combines durable in place income with strategic optionality. Investors can benefit from near term cash flow while maintaining the ability to enhance value through lease restructuring, repositioning, or full redevelopment.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,403 SF
Building Class
C
Year Built
1975
Price
$904,000
Price Per SF
$376.20
Cap Rate
6.56%
NOI
$59,296
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.38 AC
Parking
43 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
122’ on Saraland Blvd N
Amenities
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-08-33-0-008-064.001 | Improvements Assessment | $45,580 |
| Land Assessment | $12,860 | Total Assessment | $58,440 |
Property Taxes
Parcel Number
19-08-33-0-008-064.001
Land Assessment
$12,860
Improvements Assessment
$45,580
Total Assessment
$58,440
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12 Saraland Blvd N
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