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Restaurant

Popeyes

1623 S Seneca St, Wichita, KS 67213

Listing Price: $3,414,726

Cap Rate
5.25%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,211
Lease Type
Absolute Net
Rent Per Square Feet
$81.08

Investment Overview

1623 S Seneca St, 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.
  • Within 2 Miles of Two Universities: Newman University (2,700+ Students) & Friends University (2,000+ Students).

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Listing Price: $3,414,726

Cap Rate
5.25%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,211
Lease Type
Absolute Net
Rent Per Square Feet
$81.08

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.
  • Within 2 Miles of Two Universities: Newman University (2,700+ Students) & Friends University (2,000+ Students).

Investment Overview

1623 S Seneca St, 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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