Papa John’s Within Opportunity Zone! | Birmingham, AL

  • $686,153
9109, Parkway East, Roebuck, Birmingham, Jefferson County, Alabama, 35206, United States of America

Papa John’s Within Opportunity Zone! | Birmingham, AL

9109, Parkway East, Roebuck, Birmingham, Jefferson County, Alabama, 35206, United States of America
  • $686,153

Overview

Property ID: 18599
  • Property Type
  • Fast Food Properties

Description

Located at 9109, Parkway East, Birmingham, Alabama, this Papa John’s property comes with an absolute net lease that includes zero landlord responsibilities. The subject property is located in proximity to a Walmart Supercenter. It includes a superior frontage facing parkway E. This is an opportunity to own Papa John’s Pizza restaurant at a meager conservative rent. Papa John’s Pizza is an American restaurant company. Headquartered in Jeffersontown, Kentucky, the company operates the third-largest pizza takeaway and delivery restaurant chain in the world. The company’s logo says, “Better Ingredients. Better Pizza. Papa John’s.” Papa John’s operates over 4,600 restaurants, out of which more than 3,200 restaurants are located in the U.S., and the rest are spread across 34 other countries. The company opened its 4,000th restaurant in September 2012 in New Hyde Park, New York.

This investment property is suitable for a 1031 exchange.

Property Details – 

  • Property Type – Fast Food Property
  • Property Status – Available
  • Location – 9109, Parkway East, Roebuck, Birmingham, Jefferson County, Alabama, 35206, USA
  • Year of Construction – N/A
  • Lease Type – Absolute Net Lease
  • Lease Expiration – 3 years 11 months
  • Property Size – N/A

Details

Updated on April 24, 2020 at 11:52 am
  • Price: $686,153
  • Property Type: Fast Food Properties
  • Property Status: Available
  • Cap Rate: 6.50%
  • Lease Expiration: 3 years 11 months
  • NOI: $44,600
  • Tenant: Papa John’s
  • Address 9109, Parkway East, Roebuck, Birmingham, Jefferson County, Alabama, 35206, United States of America
  • City Birmingham
  • State/county Alabama
  • Zip/Postal Code 35206

Contact Information

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Ronnie Issenberg
  • Ronnie Issenberg

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Ronnie Issenberg
  • Ronnie Issenberg