SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, Fried Tomato Buffet investment property located in Montgomery, Alabama. The tenant, S&B Foods Group, LLC, recently exercised their second (5-year) option providing for an initial term through August 2026 with 2 additional (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

Fried Tomato Buffet is strategically positioned along Atlanta Highway, a major commuter and retail thoroughfare averaging 54,900 vehicles passing by daily. Additionally, the site is located just 1.75 miles east of the directional interchange between Atlanta Highway (35,900 VPD) and Eastern Boulevard, a road that connects directly with Interstate 85 (98,700 VPD), the primary east/west freeway traveling through Montgomery. The asset is ideally situated as an outparcel to a Walmart Supercenter anchored neighborhood center, significantly increasing consumer draw to the immediate trade area and promoting crossover store exposure for the site. Located in the hear of a strong retail corridor, the restaurant is surrounded by a variety of other national/credit tenants including Costco Wholesale, Target, Sam’s Club, Burlington, Ross Dress for Less, CVS Pharmacy, Dollar Tree, and more, further increasing consumer traffic to the area. Moreover, the site is surrounded by several residential communities including Park Place (200 units), Magnolia Terrace (176 units), and Saddleback Ridge (360 units), providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by more than 100,000 residents and 57,000 daytime employees with a healthy average household income of $87,000.