Absolute NNN Investment Sale-Panda Express–UNDER CONTRACT

Property Information

• UNDER CONTRACT
• Price Reduced to $2,375,000
• Absolute NNN Ground Lease Investment
• NOI $99,000.00 increasing 8% in 2027 and 2032
• Zero Landlord Responsibilities
• Corporate Guaranty
• 13 Years remaining on original lease term.

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, Panda Express 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. The subject property sits on 1.08 acres and has its own parcel.    Panda Express has 13 years (July 2037)remaining on its original lease with rental increases in 2027 and 2032.  Panda Express has 4-Five year lease options remaining.