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INVESTMENT OFFERING

SAB Capital is pleased to present Hooters in Pelham, AL, 12 Miles South of Birmingham. The lease features a triple-net (NNN) structure with a 6.7% escalation coming in July of 2027. The subject property boasts strong location fundamentals with a 10.9% increase in population since 2010. The property is located along Highway 119 which see over 29,500 vehicles per day.

  • Hooter’s in Pelham, AL | Located 12 Miles South of Birmingham, AL
  • Zero Landlord Responsibilities | Triple Net (NNN) Lease Structure
  • Robust Local Population Growth | 10.9% Increase in 5 Mile Radius Since 2010; 3.2% Project Rise Through 2028
  • Dense Retail Trade Area | 1.2 Million Square Feet of Retail Within 1 Mile
  • Close Proximity to Interstate Highway | Under a 1/2 Mile From I-65
  • Strong Location Fundamentals | Located Along Highway 119 Which Sees 29,934 Vehicles Per Day
  • Proven Long Term Location | Hooter’s Has Operated Here For Over 20 Years
  • National Retailers Located Nearby | Wendy’s, Chick-fil-A, Dunkin’, KFC, and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
Hooters $2,571,428 7.00% NNN 4,840 Available

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