- For Sale $1,917,000
- Property Type Retail
- Property Size 3,187 SF
- Cap Rate % 6
- Date Updated Apr 22, 2025
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Arby’s investment property located in Vestavia Hills (Birmingham MSA), Alabama. The tenant, Arby’s, has over 9 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Arby’s, founded in 1964, is the second-largest sandwich restaurant brand in the world with more than 3,600 restaurants in nine countries. It is an Subsidiary of Inspire Brands. Inspire was founded in February 2018 with a vision to invigorate great brands and supercharge their long-term growth.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
59/100 Somewhat Walkable
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Bike Score ®
42/100 Somewhat Bikeable
- City Birmingham, AL
- Neighborhood Southbury
- Zip Code 35216
- Market Birmingham
Points of Interest
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Birmingham
6.69 miles
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Shell
0.04 miles
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Citgo
0.07 miles
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Chevron
0.10 miles
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Sunoco
0.26 miles
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Exxon
0.83 miles
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ChargePoint
1.36 miles
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Mountain Brook, AL Supercharger
5.25 miles
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Tesla Supercharger
5.36 miles
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Pizitz Parking lot
0.70 miles
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School bus parking lot
0.80 miles
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Moss Rock Preserve - Simmons Middle School Parking Lot
2.61 miles
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Track and Soccer Stadium Parking
3.00 miles
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Moss Rock Preserve - Boulder Field Parking Lot
3.09 miles
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West Parking Deck
3.31 miles
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North Parking Deck
3.60 miles
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Northeast Parking Deck
3.65 miles
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Temporary parking lot
3.90 miles
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Moss Rock Preserve - Sulfer Springs Parking Lot
3.91 miles
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Arby's
0.00 miles
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Waffle House
0.07 miles
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Ranch House
0.11 miles
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Captain D's
0.15 miles
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Milo's
0.34 miles
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Bojangles'
0.42 miles
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Chuck E. Cheese
0.46 miles
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Smoothie King
0.49 miles
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Mandarin House Chinese Restaurant
0.55 miles
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McDonald's
0.58 miles
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Publix
0.87 miles
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Walmart Neighborhood Market
1.14 miles
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TJ Maxx
1.56 miles
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Jubilee Groceries
1.66 miles
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Piggly Wiggly
2.27 miles
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Sears Outlet
2.34 miles
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Walmart Supercenter
2.38 miles
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JCPenney
2.43 miles
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Belk
2.46 miles
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Von Maur
2.57 miles
Frequently Asked Questions
The space currently listed for sale at 1482 Montgomery Highway asks for $1,917,000.
1482 Montgomery Highway totals 3,187 square feet.
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