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Commercial For sale Retail Restaurant

Decatur, AL - Captain D's Seafood

1236 Beltline Rd SW, Decatur, Alabama 35601

$1,713,000
$559 / sq ft 7% cap rate Listed Oct 7, 2024
3,062 sqft
Building
37,026 sqft
Lot
1992
Built
1
Stories
56
Parking
1
Units

About this property

Decatur, AL - Captain D's Seafood is a retail for sale in Decatur, Alabama, listed at $1,713,000. Key details: year built 1992, building size 3,062 sqft, lot size 37,026 sqft, stories 1. Listed by Jack Cornell of SRS Real State Partners on LoopingCloud and last updated May 22, 2026.

Corporate Captain D’s Net Lease Investment For Sale: 1236 Beltline Road SW, Decatur, AL 35601

High-Performance Freestanding QSR Drive-Thru Featuring a Brand New Early 5-Year Lease Extension on Decatur’s Premier Retail Thoroughfare

CR Properties is pleased to present a premier corporate net lease acquisition opportunity situated within the thriving Huntsville-Decatur combined statistical area: 1236 Beltline Road SW, Decatur, AL 35601. Offered as an exceptional single-tenant income asset, this property generates a highly dependable Net Operating Income (NOI) of $119,920.

The asset represents a fee simple interest acquisition (land and building ownership) of a highly functional 3,062 SF freestanding restaurant facility equipped with a high-capacity drive-thru lane. Currently occupied by Captain D’s LLC, the nation’s undisputed leading fast-casual seafood brand, this property serves as a bulletproof, low-risk vehicle for passive portfolio growth or an ideal 1031 exchange replacement asset looking to secure long-term cash flow backed by an elite national corporate guarantor.

Exceptional Tenant Commitment & Inflation-Protected Lease Fundamentals

In the single-tenant net lease sector, strong corporate commitment and steady rent growth are the twin pillars of long-term value. This Captain D's asset delivers elite metrics across both categories:

  • Proactive Early 5-Year Lease Extension: In a powerful demonstration of site profitability and long-term commitment to this specific location, the tenant, Captain D’s LLC, recently exercised an early extension option. This corporate action extends their primary lease term out for a full 11 years total, providing an incoming owner with long-term lease stability.

  • Generous Multi-Generation Extension Options: Beyond the secure 11-year primary term, the corporate lease features two (2) additional 10-year option periods to extend, potentially protecting your real estate investment for decades to come.

  • Compounding 1.25% Annual Rental Increases: To protect your yield from macroeconomic shifts, the lease dictates fixed 1.25% annual rental increases throughout both the initial term and the twenty years of option periods. This compounding feature ensures consistent, predictable NOI growth and serves as an aggressive hedge against inflation.

  • The Power of an Industry Leader: Captain D's operates an integrated, high-performing network of over 540 locations nationwide. Their proven, recession-resistant menu model gives this net lease asset incredible stability compared to traditional retail or sit-down dining concepts.

Irreplaceable Outparcel Placement Along Decatur's Primary Retail Spine

The underlying real estate value of 1236 Beltline Road SW is driven by its exceptional location within the absolute highest-density commercial gravity hub of Morgan County:

  • Dominant Beltline Road Traffic Profile: The building commands premium, unobstructed visibility directly along Beltline Road SW, the undisputed number-one retail thoroughfare serving the entire city of Decatur. This primary transit spine funnels a massive average of 37,500 vehicles passing by daily directly past the restaurant's prominent roadside signage.

  • Surrounded by Elite National Retail Anchors: The property sits shoulder-to-shoulder with a "who's who" of tier-one national credit retailers. The immediate corridor is heavily anchored by a high-volume Home Depot, Walmart Supercenter, Target, Ross Dress for Less, ALDI, and Kroger, drawing a permanent stream of regional shoppers to the immediate block.

  • Unrivaled QSR Crossover Synergy: This specific corridor features intense fast-food and beverage synergy. Within a tight 1-mile radius, your property is surrounded by top-tier concepts including Chick-fil-A, McDonald’s, Taco Bell, Starbucks, and a high-traffic Dutch Bros Coffee. This intense culinary concentration ensures massive shared consumer draw and non-stop crossover restaurant exposure.

Property Specifications & Financial Summary

Investment & Structural Component Detail Specification & Financial Metrics
Property Asset Address 1236 Beltline Road SW, Decatur, AL 35601
Current Net Operating Income (NOI) $119,920
Gross Leasable Area (GLA) 3,062 ± Total Square Feet
Building Infrastructure Profile Freestanding Commercial QSR with Dedicated Drive-Thru
Asset Occupancy Rating 100% Fully Leased
Corporate Tenant Guarantor Captain D’s LLC (540+ Locations Nationwide)
Lease Term Stability Brand New 5-Year Early Extension (11 Years Total Term)
Contracted Rental Escalations 1.25% Annual Increases (Initial & Option Eras)
Remaining Extension Options 2 / 10-Year Options (20 Total Years Available)

High-Density Residential Core & Growing Huntsville MSA Economic Pipeline

The long-term tenant stability and real estate value of this site are heavily reinforced by a dense local residential population and deep multi-family housing infrastructure:

  • 1,200+ Immediate Multi-Family Units: The restaurant is surrounded by an expansive, captive consumer base, with over 1,200 apartment and multi-family residential units located within a tight 2-mile radius of the property. This dense network of nearby rooftops ensures a continuous, built-in neighborhood customer pipe for lunch, dinner, and late-night drive-thru traffic.

  • The Huntsville Economic Ripple Effect: Positioned within the rapid expansion path of the wider Huntsville metropolitan area—the fastest-growing and highest-tech economic hub in Alabama—Decatur benefits from an influx of high-paying engineering, aerospace, and advanced manufacturing jobs, insulating the local consumer economy.

Core Investment Highlights & Acquisition Advantages

Net Lease Valuation Strategy: Single-tenant QSR assets equipped with dedicated drive-thru lanes remain the most highly sought-after product class in the net lease market due to their exceptional resilience during economic downturns. When a corporate brand like Captain D's proactively signs an early 5-year extension to push their lease out to 11 years, it proves that this specific branch is a highly profitable, core corporate location. Combined with annual rent increases, this asset represents a rock-solid addition to any private trust, portfolio, or 1031 exchange.

  • Corporate Security from the Nation's Seafood Leader: Anchor your capital with a corporate lease backed by Captain D's, an industry giant with over 540 locations and decades of dominant fast-casual market share.

  • Proactive 11-Year Term Security: Invest with absolute confidence knowing the tenant has recently extended their lease early, erasing near-term vacancy risks or immediate turnover expenses.

  • Compounding 1.25% Annual Rent Bumps: Seamlessly grow your cash-on-cash yield and protect your portfolio's spending power via fixed, compounding annual rent increases that outpace traditional flat leases.

  • Irreplaceable Beltline Road Retail Positioning: Capture endless organic brand visibility from 37,500 daily vehicles on Decatur's primary retail spine, surrounded by elite anchors like Walmart, Target, and Home Depot.

Contact our net lease investment sales team today to receive the complete physical offering memorandum, evaluate local parcel boundary maps, review the corporate Captain D's lease extension agreement, or coordinate a secure site review of this premier freestanding QSR drive-thru asset.

Key highlights

  • Occupied
  • Net Lease Investment
  • Lease Term 32.2 years
  • Zoning M-1A - Light Industrial
  • APN 02-07-36-4-002-010.001
  • Ownership Fee Simple (Land & Building)
  • Strong Demographics In 5-Mile Trade Area

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1992
Building Size
3,062 sqft
Lot Size
37,026 sqft
Stories
1
Parking Spaces
56
Total Units
1
Occupied
Yes
Occupancy
100%
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$119,920
Financing
Third Party Financing
Investment Property
Active investment property
Business Available for Sale
Yes
Business Price Included
Yes

Investment snapshot

7%
Cap rate
$119,920
Net operating income
$559
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$50K$100K$150K$200KGross income -Net operating income $119,9202024Gross income -Net operating income $119,9202026
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2026---$119,920--
2024---$119,920--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,713,000 7.07% - - -

Features and amenities

Property Features

  • Lease Term: 32.2 years
  • Lease Commencement: 06/13/2003 - Lease Expiration: 08/31/2035
  • Zoning M-1A - Light Industrial
  • Rent Bumps 1.25% annual rental increases throughout the initial term and option periods
  • APN 02-07-36-4-002-010.001
  • Ownership Fee Simple (Land & Building)

Highlights

  • Recent 5 Year Extension | Annual Increases | Options To Extend | Well-Known & Established QSR Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Excellent Visibility & Access | 37,500 VPD Retail Thoroughfare | National/Credit Tenants | Direct Consumer Base
  • Strong Demographics In 5-Mile Trade Area

Location

Address as shown by the lister.

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About this area - Decatur

Population
34,859
Housing units
15,478
Land area
26.5 sq mi
County
Morgan

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Additional contacts

1 person to reach
  • Sang Yi - sammylee53@gmail.comCommercial & Residential Advisor Virtual Propertie (256) 970-9878

Frequently asked questions

What is the asking price of Decatur, AL - Captain D's Seafood?

Decatur, AL - Captain D's Seafood is listed at $1,713,000. That works out to about $559 per square foot. The stated cap rate is 7%.

Where is Decatur, AL - Captain D's Seafood located?

The property is in 1236 Beltline Rd SW, Decatur, Alabama 35601, Morgan County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 3,062 sqft. The lot is 37,026 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Jack Cornell of SRS Real State Partners listed this property. Use the Request Info button to send a message or call (801) 410-1621.

When was this listing published?

It was published on October 7, 2024 and last updated on May 22, 2026.

Listing information

Listing ID
CL-Alabama-12335
Published
Oct 7, 2024
Last updated
May 22, 2026
Views
428

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