1899 Sugar Exchange
Prattville, AL 36066
Outback Steakhouse · Retail Property For Sale

Absolute Triple Net (NNN) Ground Lease Three (3) x Five (5) Year Options to Renew 21% Rent Increase in 2020 and 10% Increase at Option 3 & 4 Increased Income Potential Through Percentage Rent Corporate Guarantee Tenant Paid for Interior and Exterior Renovations in 2016 Located off I-65 and Cobbs Ford Road in Affluent Suburb of Montgomery, AL and Within Main Trade Area of Prattville Expanding Population Over 49,000 Within a 5-Mile Radius Within Close Proximity of Multiple Office and Local Businesses Including Church of Jesus Christ of Latter Day Saints and Cobbs Ford Health Center Neighboring Tenants Include: Target, The Home Depot, PetSmart, Kohl' s, ULTA, Lowe' s, Best Buy, Walmart, Big Lots, Hibbett Sports, Office Depot, Michael' s, Ross Dress for Less, IHOP, Olive Garden, Logan' s Roadhouse and Panera Bread Prattville is a city in Autauga and Elmore counties in the State of Alabama. As of the 2015 census, the population of the city is 34,706. Nicknamed "The Fountain City" due to the many artesian wells in the area, Prattville is part of the Montgomery metropolitan statistical area and serves as the county seat of Autauga County. The Montgomery, Alabama Metropolitan Statistical Area (commonly known as the Montgomery Metropolitan Area or the River Region) is a metropolitan statistical area in central Alabama. As of 2015, the MSA had a population of 375,435.