876 N Eastern Blvd | Montgomery, AL 36117
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- LoopNet Team
876 N Eastern Blvd
Montgomery, AL 36117
Popeyes · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with ±19 years remaining.
- Recent construction – Built in 2022, drive–thru equipped and built in the most recent design.
- Strong operator – Tenant operates 200 restaurants and was awarded “Franchisee of the Year” in 2015.
- 7.5% increases every 5 years and throughout options, providing a strong hedge against inflation.
- Financing Reporting – Tenant reports financial statements annually.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,421 SF
Building Class
B
Year Built/Renovated
2019/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Zoning
CG
Parking
32 Spaces (13.22 Spaces per 1,000 SF Leased)
Frontage
150’ on Eastern Blvd
Property Taxes
| Parcel Number | 04-07-36-3-000-001.001 | Improvements Assessment | $110,120 |
| Land Assessment | $71,180 | Total Assessment | $181,300 |
Property Taxes
Parcel Number
04-07-36-3-000-001.001
Land Assessment
$71,180
Improvements Assessment
$110,120
Total Assessment
$181,300
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