5331 Valleydale RdBirmingham, AL 35242

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 4,000-square-foot Chick-fil-A restaurant located at 5331 Valleydale Rd, Birmingham, AL, within the rapidly expanding 280 corridor. The property sits on a 0.8-acre lot and benefits from excellent visibility and accessibility via Valleydale Road and Highway 280. Built in 2024, this single-story building boasts a modern design optimized for both dine-in and takeout service. The property is 100% occupied under a 15.5-year net lease (NNN) with Chick-fil-A, commencing March 15, 2024, and expiring August 31, 2039. The lease includes eight, five-year renewal options, ensuring long-term income stability. Rent increases are built-in, with a 10% bump every five years during the initial term and a 5% increase every five years in the option periods. The asking price is $3,177,084, representing a 4.80% cap rate and a price per square foot of $794.27. The property generates a substantial net operating income (NOI) of $152,500 annually. Ample parking is available, utilizing the surrounding shopping center's lots. This is a truly exceptional opportunity to acquire a trophy asset with a best-in-class tenant in a prime Birmingham location.