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Burger King 100 Peter Ln 3,470 SF Retail Building New Hope, AL 35760 $2,326,999 CAD ($670.60 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Situated on US 431 with excellent visibility and access
  • Fully leased to Burger King, a proven fast-food concept with strong national brand recognition
  • Located just north of Guntersville Lake, which spans 69,000 acres and is a highly traveled vacation spot across the region
  • Long-term NNN lease in place with rent escalations aligned to national benchmarks—ideal for passive income streams
  • Standalone pad site offering exposure to over 16,000 cars per day, drive-thru, and dedicated parking—ideal configuration for consistent customer flow
  • Guntersville Lake is visited by nearly 500,000 people per year, and is second home to many throughout Alabama and Tennessee

EXECUTIVE SUMMARY

Franklin Street is pleased to present the exclusive offering of a single- tenant Burger King located at 100 Peter Lane, New Hope, Alabama. Positioned along the US Highway 431 with exposure to over 19,000 cars per day, this freestanding location benefits from excellent visibility, easy access with multiple points of ingress and egress, and dedicated on-site parking. The site is strategically located in a growing area of north Alabama within 20 minutes to downtown Huntsville to the North and 20 minutes to Lake Guntersville to the south.
The property is leased to Burger King Corporate under a long-term NNN lease, offering a passive investment with zero landlord responsibilities. This location represents one of Burger Kings latest prototypes, featuring modern design elements and optimized layouts for dine-in, pickup, and third-party delivery— driving strong performance across multiple revenue channels. With Burger Kings operational strength and national brand recognition, this asset delivers dependable cash flow backed by a one of the oldest and most recognized companies in the world.
Huntsville is one of the fastest-growing cities in the Southeast, supported by strong military, aerospace, technology and engineering. Huntsville is ranked as one of the most educated cities in the United States with nearly 50% of its residents having a bachelors degree or higher.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,470 SF
Building Class
C
Year Built
2018
Price
$2,326,999 CAD
Price Per SF
$670.60 CAD
Cap Rate
6%
NOI
$139,592 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.20 AC
Zoning
B-2 - General Business Zoning District
Parking
49 Spaces (14.12 Spaces per 1,000 SF Leased)
Frontage
206’ on U.S. 431

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-08-33-0-000-018.000
  • 22-09-32-0-002-001.000
Land Assessment
$46,529 CAD
Improvements Assessment
$230,559 CAD
Total Assessment
$277,087 CAD
  • Listing ID: 37442058

  • Date on Market: 2025-08-27

  • Last Updated:

  • Address: 100 Peter Ln, New Hope, AL 35760

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