Little Caesars 1485 Andrews Ave

Investment Highlights

Brand New NNN 20-Year Lease | 10% Increases Every 5 Years | Options Extend 40 Years from Start Date High Accessibility | Three Points of Ingress and Egress 15 Minutes from Fort Novosel, AL | Headquarters of U.S. Army Aviation | Home to Over 20,000 People High Traffic Counts | Combined 10.8 Million Annualized Traffic Count Retail Trade Area | Less than Half a Mile from Walmart Supercenter | 36K Visitors Daily Experienced Restaurant Operator

Executive Summary

Northmarq is pleased to offer for sale this exclusive single-tenant Little Caesars property located in Ozark, AL. This investment offers a fee simple, NNN opportunity with a brand new, 20-Year lease, and 4 x 5 year options thereafter. This asset features 10% rent increases every 5 years throughout the term and in options, providing significant passive income, creating a hedge against inflation. Little Caesars is surrounded by several national retail tenants such as McDonald's, Hardee's, Sonic, Subway, and Firehouse Subs, and is near a Walmart Supercenter that sees 36,000 visitors daily. The Property is also less than 3 hours from the state capital, Montgomery, which benefits from high visitor counts due to its historical significance in the Civil Rights Movement. The site is well positioned in Ozark, located 10 miles from Fort Novosel, the home of the U.S. Army Aviation Museum, and home to over 4,500 military personnel, 9,700 civilians, and 3,000 military families.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    4,550
• Building Class    B
• Year Built    1970
• Price    1,100,000
• Price Per SF    242
• Cap Rate    6
• NOI    66,000
• Tenancy    Single
• Building Height    1 Story
• Land Acres    22.80 AC