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Restaurant

Popeyes

119 S North Service Rd, Blytheville, AR 72315

Listing Price: $2,445,752

Cap Rate
5.25%
Tenant Name
Frayser Quality, LLC
Years Remaining On Lease
17.4
Guarantor
Franchisee Guarantee
Rentable SF
2,300
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$55.83

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Popeyes located at 119 S North Service Road in Blytheville, AR. The site consists of roughly 2,300 rentable square feet of building space on estimated 1.12-acre parcel of land. This Popeyes is subject to a 20-year absolute triple-net (NNN) lease, which commenced December 19th, 2019. The current annual rent is $128,402 and is scheduled to increase by 1.00%annually throughout the base term and in each of the 6, 5-year renewal options.

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 17.5 Years Remaining
  • One Percent (1%) Annual Rental Increases

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Listing Price: $2,445,752

Cap Rate
5.25%
Tenant Name
Frayser Quality, LLC
Years Remaining On Lease
17.4
Guarantor
Franchisee Guarantee
Rentable SF
2,300
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$55.83

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 17.5 Years Remaining
  • One Percent (1%) Annual Rental Increases

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Popeyes located at 119 S North Service Road in Blytheville, AR. The site consists of roughly 2,300 rentable square feet of building space on estimated 1.12-acre parcel of land. This Popeyes is subject to a 20-year absolute triple-net (NNN) lease, which commenced December 19th, 2019. The current annual rent is $128,402 and is scheduled to increase by 1.00%annually throughout the base term and in each of the 6, 5-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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