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

9109 Parkway E, Birmingham, AL 35206, USA
$686,153

Description

Marcus & Millichap is pleased to offer this Papa John’s property with an absolute-net lease with zero landlord responsibilities.
Papa John’s Pizza is an American restaurant company. It runs the third largest take-out and pizza delivery restaurant chain in the world, with headquarters in Jeffersontown, Kentucky, a suburb of Louisville.
Its slogan is “Better Ingredients. Better Pizza. Papa John’s.” Internationally, there are over 4,600 Papa John’s establishments, including over 3,200 in the U.S. and the remainder spread among 34 other countries. In September 2012, Papa John’s Pizza opened its 4,000th restaurant, in New Hyde Park, New York.

  • Absolute Triple-Net
  • Zero Landlord Responsibilities
  • Experienced Franchisee
  • Ample Parking
  • Shadowed by a Walmart Supercenter
  • Property has Superior Frontage facing Parkway E
  • Multiple Points of Ingress and Egress
  • Accessible from Both directions of the Parkway E
  • Very low conservative Rent
  • Net Leased Asset

Property Documents

  • City: Birmingham
  • State/county: Alabama
  • Zip/Postal Code: 35206
  • Country: United States

Detail

  • Price: $686,153

Additional details

  • CAP Rate: 6.50%
  • NOI: $44,600

Features

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