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Restaurant

Popeyes

649 S Memorial Dr, Greenville, NC 27834

Listing Price: $2,390,000

Cap Rate
5.19%
Tenant Name
Popeyes
Years Remaining On Lease
9.0
Guarantor
Franchisee Guarantee
Rentable SF
2,574
Lease Type
Absolute Net
Rent Per Square Feet
$48.21

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale a freestanding Popeyes located in Greenville, NC. The 0.80 acre lot consists of 2,574 square feet of building space that includes parking, a drive-thru, and street signage.

Investment Highlights

  • Rapidly Growing Location
  • Expanding Franchisee
  • Rare 10% Rent Bumps

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Associate

    (919) 674-1100

    License(s) NC: 241055

    North Carolina

Listing Price: $2,390,000

Cap Rate
5.19%
Tenant Name
Popeyes
Years Remaining On Lease
9.0
Guarantor
Franchisee Guarantee
Rentable SF
2,574
Lease Type
Absolute Net
Rent Per Square Feet
$48.21

Investment Highlights

  • Rapidly Growing Location
  • Expanding Franchisee
  • Rare 10% Rent Bumps

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale a freestanding Popeyes located in Greenville, NC. The 0.80 acre lot consists of 2,574 square feet of building space that includes parking, a drive-thru, and street signage.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Associate

    (919) 674-1100

    License(s): NC: 241055

    North Carolina

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