Contacts
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 700 SF
- Lot Size 0.48 Acre
- Cap Rate % 6.5
- Date Updated Apr 14, 2026
Description
- The tenant will sign a brand new 15-year lease at close of escrow with 4 (5-year) options to extend, demonstrating commitment to the site
- The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
- Local franchisee operator with a personally guaranteed lease from the two operators
Location
- The subject property is strategically located along S Memorial Dr, which averages over 21,200 vehicles passing by daily
- The site is in the center of a primary retail corridor with major national/credit tenants including a Walmart Supercenter, Publix, Home Depot, Lowe’s, Target, Goodwill, McDonald’s, Wendy’s, and more
- Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Reach out to the broker for more info on lease terms and amenities
Getting around
-
60/100
Walk Score ®
-
48/100
Bike Score ®
Location
- City Prattville, AL
- Zip Code 36067
- Market Birmingham
Points of Interest
-
Petro
0.12 miles
-
Marathon
0.17 miles
-
Chevron
0.20 miles
-
Big Cat Fuel
0.38 miles
-
Sunoco
0.50 miles
-
Shell
1.48 miles
-
Pacecar
1.49 miles
-
Circle K
2.32 miles
-
Murphy Express
2.53 miles
-
BP
2.58 miles
-
Church's Chicken
0.00 miles
-
DJ's Seafood
0.03 miles
-
Taco Bell
0.06 miles
-
Taste Good Buffet
0.10 miles
-
Donut Heaven
0.10 miles
-
Panda Inn
0.17 miles
-
Papa John's
0.17 miles
-
Wing Town
0.17 miles
-
Pizza Hut
0.18 miles
-
Subway
0.18 miles
-
Fred's
0.16 miles
-
Winn-Dixie
0.23 miles
-
Food Outlet
0.34 miles
-
ALDI
1.81 miles
-
Walmart Supercenter
2.03 miles
-
Kohl's
2.55 miles
-
JCPenney
3.09 miles
-
Publix
3.10 miles
-
TJ Maxx
3.20 miles
-
Belk
3.24 miles