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Little Caesars | Annual Increases 1309 Fort Williams St 1,834 SF Retail Building Sylacauga, AL 35150 $1,063,655 CAD ($579.96 CAD/SF) 6% Cap Rate
Investment Highlights
- Franchise Operated Little Caesars | Recent Extended Lease Term | Annual Rent Growth
- Strong Visibility & Access | Established Retail Corridor
- NN Lease Structure | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Little Caesars franchise location operated by Ampler Pizza (100+ unit operator)
• Tenant exercised an early lease extension, extending the term through September 2032.
• The lease features 2% annual rent increases throughout the base term and options
• Tenant exercised an early lease extension, extending the term through September 2032.
• The lease features 2% annual rent increases throughout the base term and options
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,834 SF
Building Class
B
Year Built/Renovated
2009/2016
Price
$1,063,655 CAD
Price Per SF
$579.96 CAD
Cap Rate
6%
NOI
$63,834 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.81 AC
Zoning
B-2 - General Business District
Parking
21 Spaces (11.45 Spaces per 1,000 SF Leased)
Frontage
78’ on Fort Williams St
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Little Caesars began in 1959 when Mike and Marian Ilitch opened a single pizza restaurant in suburban Detroit. The company grew through franchising and later expanded into international markets, with business materials describing a model centered on quality, convenience, and value. Today, Little Caesars focuses on pizza restaurants, franchise development, and carryout-oriented service, while also supporting community programs such as the Love Kitchen and fundraising initiatives.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-09-31-2-014-001.002 | Improvements Assessment | $76,938 CAD |
| Land Assessment | $57,683 CAD | Total Assessment | $134,621 CAD |
Property Taxes
Parcel Number
27-09-31-2-014-001.002
Land Assessment
$57,683 CAD
Improvements Assessment
$76,938 CAD
Total Assessment
$134,621 CAD
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Little Caesars | Annual Increases | 1309 Fort Williams St
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