Restaurant For Sale • 4,694 SF
| New 15-Year corporately guaranteed Outback Steakhouse ground lease on large 1.71 Acre parcel |
| Absolute Net ground lease provides passive ownership and stable cash flow for absentee owner |
| Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth |
| Outback has over 1,300 locations in 23 Countries throughout North and South America, Asia and Australia |
| Brand new construction with warranties and latest Outback prototype |
| From 2000 - 2023 St. Clair County grew by 4.25%, making it the fastest growing County in the Birmingham MSA |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| outback steakhouse |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Birmingham-Shuttlesworth International | 45 min | - | 38.4 mi |