Logan's Roadhouse - Abs. NNN Lease - 7.5% Cap

40 Ali Way Oxford, AL 36203

40 Ali Way, Oxford, AL, 36203
40 Ali Way, Oxford, AL, 36203
FOR SALE
Property Type:
Restaurant
Amount:
$2,730,000
Last Verified:
Apr 30, 2021

Highlights

  • Logan's Roadhouse With 8.5+ Years Remaining
  • Absolute NNN Lease Requiring Zero Landlord Responsibilities
  • Strong 5 Mile Demographics of 42,760+ Residents
  • Situated Near Major Intersection With Combined Traffic Counts of 49,660+ VPD
  • Half a Mile From Oxford High School (1,190+ Students) & Quintard Mall (30+ Retailers), Great Local Traffic Generators
  • Surrounded by Numerous Major Retailers Including CVS Pharmacy, Bojangles, Starbucks, Taco Bell, Firestone Auto, ALDI & More
  • Logan's Roadhouse is a Privately Owned Company, Operating for 30+ Years in 23 States Nationwide
  • Corporately Guaranteed by SPB Hospitality, a Leading Operator and Franchiser of Steakhouses
  • Located 61 Miles From Birmingham, the Most-Populous City in Alabama

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an absolute NNN Logan's Roadhouse in Oxford, AL. There are 8.5+ years remaining on the lease term, corporately guaranteed by SPB Hospitality. Logan's Roadhouse is a privately owned company, operating for 30+ years.

Broker of Record - Brian Brockman - Bang Realty-Alabama Inc. - AL #119315

tbd


Year Built: 2001
Building Size: 7956sq ft
Lot Size: 1.24 acres

Map of 40 Ali Way, Oxford, AL, 36203

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