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

321 S Greeno Rd
Fairhope, AL 36532
Sonic · Retail Property For Sale

Investment Highlights

  • New 15 Year Absolute NNN Lease which commenced October 1, 2020
  • High unit volume with increasing store revenue
  • 10% rent increases every 5 years in base lease and option terms
  • Operated by Quality Restaurant Group, 350+ Unit Multi-Brand Operator
  • Located in fastest growing city and county in Alabama
  • Full access with traffic counts exceeding 24,000 VPD

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,454 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.72 AC
Zoning
B2
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
65’ on Greeno Rd

Amenities

  • Pylon Sign
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
46-05-16-0-000-028.733
Land Assessment
$115,720
Improvements Assessment
$130,320
Total Assessment
$246,040
  • Listing ID: 23311742

  • Date on Market: 6/7/2021

  • Last Updated:

  • Address: 321 S Greeno Rd, Fairhope, AL 36532

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}