5482 Highway 280
Harpersville, AL 35078
Burger King - Harpersville, AL · Retail Property For Sale

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net lease Burger King Restaurant investment opportunity located at 5482 U.S. Hwy 280 Harpersville, Alabama. The property consists of .99 acres improved with an approximately 3,410-square foot building. The recently constructed restaurant will have a brand new 20-year lease at the close of escrow in place with seasoned RBI Brands Franchisee operating over 200 restaurants. This Franchisee has been a Burger King and Popeyes operator of over a decade and is one of the fastest growing Franchisees in the system. In 2015, this operator was awarded “Franchisee of the Year”. Annual base rent is set at $119,000 with 7.5 percent rental increases every five years in the base term, as well as the four five-year renewal options.? The new restaurant sits directly on Hwy 280, 600 ft from the intersection of Hwy 280 and AL Hwy 25 in Harpersville, a town located less than 40 minutes from downtown Birmingham. Harpersville is flanked by metropolitan Birmingham to the west and the industrial towns of Childersburg and Sylacauga to the southeast, ensuring both daytime and evening traffic. The site is also within 600 ft of the intersection of U.S. Hwy 280 and AL Hwy 25 together boast traffic counts of over 20,000 vehicles per day. Nearby retailers include Jack’s, Popeyes, Chevron, Exxon, Dollar General and Morgan Creek Vineyards. ?