1271 Highway 14 | Millbrook, AL 36054
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- LoopNet Team
1271 Highway 14
Millbrook, AL 36054
Popeyes | 19-Yr NNN | 7.53% CAP in 2026 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term investment | 19 years remaining on the absolute NNN lease | Zero Landlord responsibilities
- Strong and experienced operator | Operates 61 Popeyes through AL, FL & GA
- Directly across the street from the new Grandview Plaza development | 53,000 SF shopping center anchored by Publix
- Unique rental increases | 2% annual increases with a one-time, 18% increase in 2026 | Yields a rare, minimum average CAP of 8.59%
- Direct access and visibility from Highway 14 (aka AL-14) which boasts 57,700 VPD
- Proximity to a major development | About half-a-mile from the nearly 100-acre, 17 Springs development
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,604 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.60 AC
Zoning
C - Commercial
Parking
40 Spaces (15.36 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 15-09-31-0-002-012008-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $238,280 |
PROPERTY TAXES
Parcel Number
15-09-31-0-002-012008-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$238,280
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