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Jack's Family Restaurants - Birmingham MSA 40 Russell Dr 3,522 SF Retail Building Warrior, AL 35180 $2,420,000 ($687.11/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Jack's is owned by AEA Investors - a private equity firm with $18 billion in assets under management
  • Strong-performing QSR brand with 260+ locations across the Southeast
  • Great location on an exit from I-65, offering excellent visibility and access to regional commuter traffic with over 12,000 cars passing per day
  • Corporately guaranteed NNN lease with Jack’s Family Restaurants, LP
  • Long lease term through October 2038 with four 5 year options
  • Resilient in all cycles : Value-driven menu and small-town footprint make Jack’s recession resistant and inflation friendly

EXECUTIVE SUMMARY

This offering is a Jack’s Family Restaurant, located just to the north of Birmingham, and is a popular dining destination known for its Southern-style food and friendly service.
The property is on a true NNN corporate lease with Jack’s Family Restaurants, LP, comprising approximately 3,522 square feet on 1.40 acres. It features a drive-thru, dine in area, and dedicated surface parking, all designed to support high-volume quick service operations. The property is on a long-term NNN lease through October 2038 with 4 x 5 year options. Jack’s operates over 260 locations across the Southeastern U.S. and is a leading QSR brand in its core Alabama market. Jack's is owned by AEA Investors, a private equity firm with over $18 billion in assets under management.
Located at 40 Russell Drive, Warrior, AL, the property occupies a high visibility corner at the intersection of US Hwy 31 and AL-160 at the I-65 exit, just north of Birmingham. The area benefits from steady commuter traffic and regional accessibility, making it well suited for quick-service retail. Average household income exceeds $91,000 within 3
miles and is expected to grow to approximately $108,000 in the next 5 years.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,522 SF
Building Class
B
Year Built
2019
Price
$2,420,000
Price Per SF
$687.11
Cap Rate
6.25%
NOI
$151,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.40 AC

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Drive Thru
  • Wheelchair Accessible

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

In 1960, Jack’s fired up its very first grill in Homewood, Alabama. From the get-go, they had the best people serving up the best food you could find, and they treated their customers like family. As their community has grown larger over the years, they’ve remained committed to values that go beyond their food—like giving back to their communities, family, growth and respect. And while times have certainly changed, one thing remains the same: good food and good people make for a great time, and that’s what helps their customers step into their Southern story every time they stop by.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-01-02-0-000-038.002
Land Assessment
$5,600
Improvements Assessment
$169,520
Total Assessment
$175,120
  • Listing ID: 36635337

  • Date on Market: 7/7/2025

  • Last Updated:

  • Address: 40 Russell Dr, Warrior, AL 35180

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