5183 US Highway 231
Wetumpka, AL 36092
Pizza Hut | ABC Beverage · Retail Property For Sale

Marcus & Millichap, as exclusive agent to the Seller, is pleased to present the opportunity to purchase a brand new construction 6,000 square foot shopping center in Wetumpka (Montgomery MSA), Alabama. The center which was constructed in 2019 consists of two credit tenants which are both e-commerce and recession proof tenants. In addition, both are relocation stores, each with a proven and established track record in this market. ABC is operating on a fifteen year Gross lease with ten percent rent increases every five years. The ABC Board is a State entity that controls alcoholic beverages through distribution, licensing and enforcement. The ABC lease is guaranteed by the State of Alabama. Pizza Hut is operating on a ten year NNN lease with ten percent rent increases every five years including the three, five-year options to renew. NPC International operates and guarantees the lease. NPC is one of the largest restaurant operators in the United States with more than 1,225 Pizza Huts and more than 385 Wendy’s units. Located in Central Alabama, Wetumpka is the County Seat of Elmore County, which is Alabama’s third fastest growing county. It is the economic center of Elmore County and just minutes from the State Capital of Montgomery.