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Absolute NNN Ground Lease Sale-Whataburger

111 Resource Center Parkway

Property Information

  • Absolute NNN Ground Lease with 8 years remaining
  • NOI 113,400 increasing 8% in 2027
  • 3-5 year lease options with rental increases
  • 8% rental increase in 2027
  • Zero Landlord responsibilities
  • 88,572 traffic count
  • Property can be sold with Adjacent Panda Express or separately

 

 

Engel Realty Company, LLC as the exclusive listing broker, is pleased to present the opportunity to purchase lease fee interest in a Absolute NNN investment, located on Highway 280 in Birmingham, AL.

Located on one of the highest trafficked retail submarkets Highway 280 corridor,  averaging nearly 90,000 vehicles per day.  Located 1/2 mile from Target super center and other national retailers nearby include Fresh Market, Home Depot, 2 Chick Filets.  Whataburger is situated on 1.75 acres and adjacent to Panda Express, which we also have listed for sale.   Whataburger has 8 years (March 2032) remaining on its original lease term. Whataburger has 3-Five year options  remaining

 

For More Information Contact:

Dan W. Anderson
(205) 939-8239 Direct
danderson@engelrealty.com

Michael Johnson
(205) 939-8233 Direct
mjohnson@engelrealty.com