Panda Express 101 Resource Center Pky

Investment Highlights

Absolute NNN Ground Lease

Executive Summary

Engel Realty Company, LLC as the exclusive listing broker, is pleased to present the opportunity to purchase lease fee interest in a Absolute NNN investment, Panda Express located on Highway 280 in Birmingham, AL.Located on one of the highest trafficked retail submarkets Highway 280 corridor, averaging nearly 90,000 vehicles per day. Located 1/2 mile from Target super center and other national retailers nearby include Fresh Market, Home Depot, 2 Chick Filets. The subject property sits on 1.75 acres and each property is parceled.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    2,593
• Building Class    B
• Year Built    2016
• Price    2,475,000
• Price Per SF    954
• Cap Rate    4
• NOI    99,000
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.03
• Land Acres    1.75 AC