Arby's

For Sale

652 1st St N, Alabaster, AL 35007

Located next to the Shelby Baptist Medical Center along the busy Highway 119 corridor, this Arby's restaurant presents a prime investment opportunity.REDUCED PRICE The property features an existing five-year, renewable corporate lease set to expire in September 2029, with four additional five-year options remaining. Each option includes a 10% rental adjustment, ensuring a steady increase in rental income. Arby's assumed the lease from Jack's Family Restaurant in 1988 and has been successfully operating at this location ever since. This property offers a stable and lucrative investment with the potential for long-term growth. Don't miss out on this exceptional opportunity to invest in a well-established location with a reliable tenant.

Key features

  • 10% rental adjustment per option
  • Four (4) five-year lease options remaining
  • High visibility along busy Highway 31
  • Operating since 1988 at this location
  • Prime location next to Shelby Baptist Medical Center
  • Total NNN lease with gross sales provision as additional rent

Building Details

  • For Sale $1,255,000
  • Property Type Retail - Restaurant
  • Property Size 2,435 SF
  • Lot Size 0.62 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1970
  • Date Updated Sep 16, 2026
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Contacts

Marc Perlman

Leitman-Perlman, Inc. - AL

Location

  • City Alabaster, AL
  • Zip Code 35007
  • Market Birmingham
  • Walk score 44/100 Car-Dependent
  • Bike score 23/100 Somewhat Bikeable
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Points of Interest

BP

0.92 miles

Coosa Mart

0.95 miles

Cannon

1.08 miles

Electrify America Alabaster

1.19 miles

Murphy USA

1.22 miles

Shell

1.23 miles

Chevron

1.30 miles

RaceWay

1.86 miles

Warrior Express

1.96 miles

Exxon

2.16 miles

Freshmen / Gold Club Parking

4.05 miles

Senior Parking

4.18 miles

Cahaba Lily Park

4.21 miles

Junior / Band Parking

4.23 miles

Peavine Falls Parking

4.67 miles

South Trailhead

5.81 miles

Nature Center Parking

6.17 miles

School Bus Parking

7.56 miles

Moss Rock Preserve - Sulfer Springs Parking Lot

8.97 miles

Moss Rock Preserve - Boulder Field Parking Lot

9.18 miles

ALDI

0.77 miles

Big Lots

0.97 miles

Walmart Supercenter

1.30 miles

Belk

1.45 miles

Ross

1.50 miles

Target

1.93 miles

TJ Maxx

1.99 miles

Publix

2.07 miles

JCPenney

2.09 miles

Walmart Neighborhood Market

2.82 miles

Listing Summary

  • Property Financials

    652 1st St N is currently listed for sale at $1,255,000 for a price per square foot of $515.4.

  • Property Details

    652 1st St N totals 2,435 square feet of Retail space on a lot spanning 0.62 acres. The property was initially built in 1970. Based on its location, amenities, and finishes, the property is listed as class C.

    Tenancy at 652 1st St N is listed as Single Tenant.

  • Area Characteristics

    652 1st St N is located in the Greater Birmingham neighborhood.

    There are 34 other retail properties listed for sale in the neighborhood. In terms of ease of commuting, the area has a walk score of 44, indicating that it is car-dependent.

Contact Marc Perlman
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