Restaurant
Popeyes
1470 Falls Blvd, Wynne, AR 72396
Listing Price: $1,773,600
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Popeyes located at 1470 North Falls Boulevard in Wynne, AR. The site consists of roughly 2,489 rentable square feet of building space on estimated 1.00-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 $106,416 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
Broker of Record
Financing By
Listing Price: $1,773,600
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 1470 North Falls Boulevard in Wynne, AR. The site consists of roughly 2,489 rentable square feet of building space on estimated 1.00-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 $106,416 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
Broker of Record
Financing By
