1614 7th St | Clanton, AL 35045
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- LoopNet Team
1614 7th St
Clanton, AL 35045
Price Reduced | 20-Yr Popeyes | Absolute NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare 20-year lease with fixed 7.50% rental increases every 5 years throughout the initial term
- State-of-the-art construction and one of Popeye’s newest prototype building with drive-thru
- Absolute NNN investment, with zero landlord liabilities or maintenance obligations
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,410 SF
Building Class
B
Year Built
2020
Building Height
1 Story
Building FAR
0.09
Lot Size
0.88 AC
Zoning
R2
ABOUT 1614 7TH ST , CLANTON, AL 35045
1. A highly successful, multi-brand and multi-unit operator in Premier Kings (±200 locations across Burger King, Popeyes, Qdoba and Hummus & Pita Co.) 2. Full-term guaranty from Premier Cajun Kings, LLC: ±24 Popeye’s locations open and multiple sites under construction
PROPERTY TAXES
| Parcel Number | 1803070000024000 | Improvements Assessment | $55,880 |
| Land Assessment | $28,860 | Total Assessment | $84,740 |
PROPERTY TAXES
Parcel Number
1803070000024000
Land Assessment
$28,860
Improvements Assessment
$55,880
Total Assessment
$84,740
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