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Restaurant

Popeyes | 20-Year NNN | Walmart Outparcel

150 N Lee St, Forsyth, GA 31029

Listing Price: $2,733,000

Cap Rate
4.50%
Tenant Name
Popeyes
Years Remaining On Lease
20.0
Gross SF
2,514
Guarantor
Franchisee Guarantee
Rentable SF
2,514
Price/Gross SF
$1,087.11
Lease Type
Absolute Net
Rent Per Square Feet
$48.93

Investment Overview

POPEYES | SAILORMEN, INC. • 2,700+ POPEYES LOCATIONS WORLDWIDE • OWNED BY RESTAURANT BRANDS INTERNATIONAL, INC. (“RBI”) • RBI BOASTS $33 BILLION ANNUAL REVENUE • SAILORMEN IS ONE OF THE TOP FRANCHISEES WITH 130+ LOCATIONS

Investment Highlights

  • 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
  • 10% INCREASES EVERY 5 YEARS
  • BRAND NEW 2022 CONSTRUCTION
  • 130+ UNIT FRANCHISEE TENANT
  • OUTPARCEL TO WALMART SUPERCENTER

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Financing By

Restaurant

Popeyes | 20-Year NNN | Walmart Outparcel

Listing Price: $2,733,000

Cap Rate
4.50%
Tenant Name
Popeyes
Years Remaining On Lease
20.0
Gross SF
2,514
Guarantor
Franchisee Guarantee
Rentable SF
2,514
Price/Gross SF
$1,087.11
Lease Type
Absolute Net
Rent Per Square Feet
$48.93

Investment Highlights

  • 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
  • 10% INCREASES EVERY 5 YEARS
  • BRAND NEW 2022 CONSTRUCTION
  • 130+ UNIT FRANCHISEE TENANT
  • OUTPARCEL TO WALMART SUPERCENTER

Investment Overview

POPEYES | SAILORMEN, INC. • 2,700+ POPEYES LOCATIONS WORLDWIDE • OWNED BY RESTAURANT BRANDS INTERNATIONAL, INC. (“RBI”) • RBI BOASTS $33 BILLION ANNUAL REVENUE • SAILORMEN IS ONE OF THE TOP FRANCHISEES WITH 130+ LOCATIONS

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Financing By

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