This Retail Property is no longer advertised on LoopNet.com.

2045 Village Dr
Leeds, AL 35094
Wendy’s (Birmingham, AL MSA) · Retail Property For Sale

Investment Highlights

  • Brand New, Long-Term, Triple Net (NNN) Sale Leaseback with Full Term Remaining
  • Building Renovations Completed in 2021 (see page 7 of offering memorandum for all upgrades)
  • 7.5 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
  • Lease Expiration is 20 Years from Close of Escrow
  • Lease is Guaranteed by Starboard Group of Alabama and Includes 11 Units
  • Available Separately or as Part of a Three-Property Portfolio

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,476 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.89 AC
Zoning
None

Amenities

  • Pylon Sign
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
26-02-10-0-001-016.008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$233,220
  • Listing ID: 28047657

  • Date on Market: 3/23/2023

  • Last Updated:

  • Address: 2045 Village Dr, Leeds, AL 35094

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