1548 Montclair RdIrondale, AL 35210

  • Retail properties
  • 3,140 SF
For Sale
$2,688,000 View listing

Property Details for 1548 Montclair Rd

Year built
1970
Lot size
0.67 AC
Property size (Sq ft)
3,140 SF
Zone code
QB2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
23-00-26-3-006-015.000
APU
2300263006015000

Description

This exceptional investment opportunity presents a fee-simple, absolute NNN lease for a Zaxby's restaurant located at 1548 Montclair Rd, Irondale, Alabama, 35210. The property boasts a 2,799 square foot building on a 0.67-acre lot, constructed in 2006. The single-tenant building enjoys 100% occupancy with a franchisee tenant under an absolute NNN lease expiring May 31, 2042, providing a substantial remaining lease term of 17.5 years. The lease includes attractive 2.0% annual rent bumps commencing June 1, 2028, offering a strong hedge against inflation. The property generates a Net Operating Income (NOI) of $168,000, resulting in a compelling 6.25% cap rate. This prime location benefits from excellent demographics, with over 125,000 people and an average annual household income exceeding $124,000 within a 5-mile radius. The property's strategic positioning near the I-20/HWY 78 interchange, less than a mile from a new Amazon distribution center, and within close proximity to major national retailers like Walmart, Home Depot, and Publix, ensures high visibility and strong consumer traffic. Furthermore, its convenient location—less than 10 minutes from Birmingham-Shuttlesworth International Airport and 15 minutes from downtown Birmingham—adds to its appeal. The property is also within 5 miles of significant developments such as Southtown and Maiden Heights, further enhancing its long-term value and potential for appreciation. The asking price for this exceptional investment is $2,688,000.

1548 Montclair Rd, Irondale, Alabama

Location Insight

City
Irondale
County
Jefferson
State
Alabama
Latitude
33.5249
Longitude
-86.7242
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,906
$93,020
$118,700
$211,720
-
$465,100
$593,500
$1,058,600

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].