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Executive Summary
Freestanding former Burger King located at 529 Claxton Avenue in Elba, Alabama, offered for sale or for lease. This property provides flexibility for investors or owner-users seeking a proven QSR footprint with strong visibility and easy access. The lease is offered at $3,500 per month on a NNN basis, minimizing landlord responsibilities while offering predictable expenses. At an asking price of $950,000, this asset presents a compelling opportunity for continued restaurant use or adaptive reuse for another retail or service-oriented concept. Well-positioned within the local trade area, the property benefits from surrounding retail, residential density, and steady traffic patterns, making it suitable for both national and regional operators.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,342 SF
Building Class
B
Year Built
2008
Price
$1,281,484 CAD
Price Per SF
$383.45 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Parking
30 Spaces (8.98 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 11-03-08-3-002-056.000 | Improvements Assessment | $28,002 CAD |
| Land Assessment | $1,855 CAD | Total Assessment | $29,857 CAD |
Property Taxes
Parcel Number
11-03-08-3-002-056.000
Land Assessment
$1,855 CAD
Improvements Assessment
$28,002 CAD
Total Assessment
$29,857 CAD
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529 Claxton Ave N
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