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Restaurant

Popeyes

4232 W Central Ave, Wichita, KS 67212

Listing Price: $3,121,189

Cap Rate
5.25%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,189
Lease Type
Absolute Net
Rent Per Square Feet
$74.86

Investment Overview

4232 W Central Ave, Wichita, KS 67212

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with 7.5% Increases Every 5 Years Including the Four, 5 Year Options.
  • Experienced Operator: 45 Years of Industry Experience Operating Brands in Five Different States: Louisiana, Mississippi, Kansas, Missouri, and Texas.
  • Strong Performing Store: Location has had 16 Years of Operating History and Currently Performs Above Average Unit Volume for a Popeye's Restaurant.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Listing Price: $3,121,189

Cap Rate
5.25%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,189
Lease Type
Absolute Net
Rent Per Square Feet
$74.86

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with 7.5% Increases Every 5 Years Including the Four, 5 Year Options.
  • Experienced Operator: 45 Years of Industry Experience Operating Brands in Five Different States: Louisiana, Mississippi, Kansas, Missouri, and Texas.
  • Strong Performing Store: Location has had 16 Years of Operating History and Currently Performs Above Average Unit Volume for a Popeye's Restaurant.

Investment Overview

4232 W Central Ave, Wichita, KS 67212

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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