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Popeyes
108 N Wind River Rd, Atmore, AL
Property Information
Price Summary
$ 2,583,335
Cap Rate
6 %
NOI
$ 155,000
Total Lot Size
0.99 Acres
Building Size
3,023 SF
Property Highlights
- Popeyes in Atmore, AL With Full 20 Years on Primary Term
- Absolute NNN Lease – Zero Landlord Responsibilities
- Attractive 7.5% Rental Increases Every 5 Years
- Outparcel to Wind Creek Hotel and Casino, the Regions Largest Entertainment Destination Attracting Thousand of Visitors per Day
- Located Within the Rivercane Development, a Growing Commercial Corridor With Hotels, Restaurants, and Retail Co-Tenancy
- Great Visibility Along State Hwy 21 With 9,000+ Vehicles Passing Daily
- Atmore is Expanding as a Regional Hub, With Nearby Employers Like Brown Precision and Strong Investment in Infrastructure
- Guaranteed by Ram-Z Restaurant Group, a Rapidly Growing Operator of 80+ Units Across Three Brands
- Tenant Has Committed to Store Remodel by 2030, Demonstrating Strong Staying Power
- Strong Unit Level Sales Reported at $2.8MM
- Popeyes
- 108 N Wind River Rd, Atmore, AL 36502
Point of Contact
Drew Duncan
Market Leader/Director
Jacob Mace
Associate Director
Justin Dillon
Associate Director
In cooperation with Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551
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