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Property Description
View BrochureInvestment Opportunity
- Tenant: Popeyes
- Franchisee: GPS Hospitality
- Absolute NNN
- 20 Year Lease – Expiration date June 30, 2035
- NOI: $94,380 (July 1, ’25 – June 30, ’30) $103,812 (July 1,2030 – June 30,2035)
- Renewal Option: One 5-year with 10% rent escalations
- 2,400± SF Restaurant building with drive-thru; two ordering stations and pick-up window
- 1.35 Acre site; one curb-cut near the center of site
- Parcel: C71-080
Property Details
Sale Type
For Sale
Property Type
Investment
Building sq. ft.
2,400 sq. ft.
- 2,400 sq. ft.
(+/-)
Lot Size
1.35 acres (+/-)
Year Built
2014
Stories
1
Parking Spaces
32
Electrical Info
3 Phase/4 Wire; single meter
Single Tenant
Yes
Property Pricing
Sale Price
$1,350,000
Cap Rate
7%