Church's Chicken

Birmingham remains the largest city in Alabama and one of the top 50 metropolitan areas in the United States. As of 2025, the Birmingham-Hoover MSA has a population of 1,184,290, with Jefferson and Shelby counties accounting for over 75% of the total. A major financial center in the Southeast, Birmingham is home to the headquarters of Regions Financial and Protective Life Corporation, with PNC Bank also maintaining a significant presence. The financial activities sector employs approximately 44,000 people in the metro area. The city is a regional healthcare powerhouse. The University of Alabama at Birmingham (UAB) remains the largest employer in the region, with 28,000 employees and 1,207 hospital beds. UAB has acquired St. Vincent’s Health System, a move expected to further consolidate Birmingham’s healthcare leadership. The education and health services sector employs over 80,600 people as of May 2025. UAB also plays a critical role in education, with an enrollment of approximately 21,000 students. Its annual economic impact in Alabama was reported at $12.1 billion in 2022, and its influence continues to grow. In terms of economic development, Birmingham saw 1,800 new multifamily housing units delivered in the past year, with 1,422 units currently under construction, reflecting strong investor confidence. The business confidence index for the metro rose sharply to 60.6 in Q1 2025, the highest since 2021, signaling optimism in future economic conditions . The unemployment rate in the Birmingham MSA stood at 2.6% as of May 2025, indicating a healthy labor market. With its affordable tax climate, low cost of living, and charming Southern appeal, Birmingham continues to attract both residents and businesses. Expanding capital investment and job creation reflect growing confidence in the metro’s economic future. The addition of Protective Stadium and the Coca Cola Amphitheater makes the Birmingham area attractive for both sporting events and entertainment.Presenting the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, investment property located in the Forestdale Community in Birmingham, AL (Birmingham AL MSA). The tenant, Church's Chicken, has 4 years remaining with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features rental increases every year throughout the initial term and each option period, steadily growing NOI. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The asset is located in a busy retail corridor with a traffic count of over 22,000 VPD,