Location

• Positioned on McMeans Ave (U.S. Hwy 31), Bay Minette’s most active retail corridor, with proximity to I-65 and I-10 providing regional access
• Located near Walmart Supercenter, CVS, O’Reilly Auto Parts, Tractor Supply, and many more retailers helping create sustained daily traffic volume
• Part of the growing Mobile, AL MSA, just ±35 miles north of downtown Mobile and ±20 miles east of Spanish Fort and Daphne
• Surrounded by demand drivers including Coastal Alabama Community College, Bay Minette Municipal Airport, and local government offices
•  The city is the county seat of Baldwin County, one of Alabama’s fastest growing counties, offering a favorable backdrop for QSR operators
• Recent commercial investment and infrastructure upgrades are driving hotel, industrial, and retail growth in the area, strengthening long-term property values. Notably, a new development directly adjacent to the subject property will soon introduce a Hilton-branded hotel and two sit-down restaurants.

Lease

• NNN Lease – True triple-net structure with tenant responsible for all
  expenses including roof & structure
• Lease term – ±3.0 years remaining, offering near-term rollover or extension opportunity
• Includes two, 3-year renewal options, allowing for long-term continuity or rent recast based on buyers desired goals
• Current Base Rent: $36,521 annually | Rent/SF: $19.60 on ±3,177 SF building
• Property sits on a ±1.01-acre parcel, offering drive-thru QSR functionality and long-term reusability
• Priced at $820,185, the asset offers an 8.00% cap rate on in-place rent with potential rent growth via sales growth, renewal or re-casting of the lease
• Credit-rated “B” with Flynn Group guarantee

Tenant

• Pizza Hut – Global QSR powerhouse under Yum! Brands, with over 19,000 units worldwide and deep brand equity
• Operated by Flynn Restaurant Group, the largest Pizza Hut restaurant franchisee in the country, with a track record of performance and reinvestment
• Longstanding in-place operations with strong historical performance evidenced by consistently high percentage rent contributions
• Site benefits from immediate co-tenancy with national retailers, cementing the tenant’s continued draw from local and commuter traffic
• Institutional-level operations with creditworthy leasehold make this an ideal passive investment for yield-focused buyers