112 Interstate Drive, Greenville, AL 36037

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Mark J. D.

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Building Details:

• Year Built: 1990

112 Interstate Drive is aretail property for lease in Greenville, AL.

This Shoney's restaurant has been a consistent revenue producer with a very loyal regular clientele in Greenville, AL. since the late 1970’s. It is supported in sales by many local businesses, the community, persons traveling to Florida and then returning home as well as, the hospitals, industries and distribution plants located in the Greenville, AL area. The site has fantastic exposure from US I-65 which is a Direct Link from Birmingham to Mobile, the beaches and on to New Orleans. The site contains excellent ingress and egress. The restaurants’ high traffic count location with its large pylon sign on a major intersection on I-65 and Greenville, AL help make this a very profitable location. The restaurant opens each day with a VERY strong breakfast, lunch and dinner sales offering menu’s and buffet styled meals.This is a free standing building and does not share parking. There many local and national retail and restaurants in the immediate area. The property is a one story, table-service restaurant constructed in 1990 and renovated in 2008. The restaurant seats approximately 140 people and includes a private dining area seating 50 people. Construction details include a wood frame structure on a concrete slab foundation, a combination wood, brick veneer exterior and a wood supported gable roof with an asphalt shingle cover. Ceilings are drop-tile with florescent and incandescent lighting fixtures. Flooring is primarily carpeting and ceramic tile throughout. There are decorative, suspended and wall mounted lighting fixtures in the seating areas. Everything is fully up to code and in excellent condition. The property is located along the south side of Interstate Drive one lot to the east of Fort Dale Road. The property also backs up to US I-65 interstate. The property has a street address of 112 Interstate Drive, Greenville, Alabama.The total parking area contains appx. 89 individual spaces. The property has 232 feet along the south side of Interstate Drive and backs up to US I-65 containing 332’. The property offers pylon signage and signage on the building.This business was established in 1990 and is in a very busy location with a great staff in place and a very loyal regular clientele so strong competition is not a concern. The subject neighborhood is well located for retail demand. Across the Bypass (Hwy 245) from the subject is a shopping center with Peebles, Hibbett Sports, Advance America (Cash Advance), Dollar Tree, Factory Connection, Tax Central, Fred’s and Super Foods. Virtually in the subject’s parking lot are a McDonalds and a BB&T bank branch.
Growth / Expansion: This business has enjoyed a hands-on owner. Current owner is content with business and the Shoney’s franchise and its support systems. Owner has demonstrated that the location and demand are profitable. Owner has used limited advertising and specials to market the restaurant for higher revenue sales so some upside can be generated from these target marketing efforts as well. The surrounding area continues to grow therefore there is continued room for growth with new ownership.

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