Outback Steak House - Net Lease Property for Sale
Cullman, AL
Key Investment Metrics
Price
$3,426,000
Cap Rate
5.4%
Net Operating Income
$185,000
Building Size
4936 SF
Lot Size
4,936 SF
Land Area
1.48 Acres
Remaining Term
15 years
Lease Expiration
12/31/2040
Lease Term
15.1 years
Lease Commencement
12/09/2025
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Outback Steak House Net Lease Property
This Outback Steak House NNN (triple net lease) property is located in Cullman, AL and represents an excellent investment opportunity for commercial real estate investors. The property features 4936 square feet of building space and was built in 2025.
With a cap rate of 5.4%, this Outback Steak House net lease property offers stable income potential. The asking price is $3,426,000, making it an attractive option for 1031 exchange investors seeking quality Outback Steak House commercial properties.
Why Invest in Outback Steak House NNN Properties?
- Stable Income: Outback Steak House net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Outback Steak House is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Cullman, AL Market Overview
Located in Cullman, AL, this Outback Steak House property benefits from strong local demographics and market fundamentals. The Cullman area offers excellent visibility and accessibility, making it an ideal location for Outback Steak House operations and a solid investment for net lease property buyers.