Patrick Luther

SRS Real Estate Partners

Matthew Mousavi

SRS Real Estate Partners

Cooper Smith

SRS Real Estate Partners

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

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

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Map of Property

400 S. Memorial Drive prattville