Restaurant
Popeyes
1000 TN-3 N, Dyersburg, TN 38024
Listing Price: $2,102,540
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Popeyes located at 1000 Highway 51 North in Dyersburg, TN. The site consists of roughly 2,253 rentable square feet of building space on estimated 0.99-acre parcel of land. This Popeyes is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 30th, 2020. The current annual rent is $105,127 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
Listing Price: $2,102,540
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 1000 Highway 51 North in Dyersburg, TN. The site consists of roughly 2,253 rentable square feet of building space on estimated 0.99-acre parcel of land. This Popeyes is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 30th, 2020. The current annual rent is $105,127 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
