Restaurant
Popeyes | 20 Years Remaining | Increases Every 5 Years
7670 Troy Pike, Dayton, OH 45424
Listing Price: $1,900,000
Investment Overview
The Tenant, GOC Realco LLC, executed a new 20-year NNN ground lease with four, five-year renewal options. The lease features 10 percent rental increases every five years and is guaranteed by Gilligan Company. Gilligan Company has been in business since 1993, and operates over 90 quick-serve restaurants and convenience stores across Ohio and Indiana.
Popeyes | 20 Years Remaining | Increases Every 5 Years
Investment Highlights
- New Construction 20-Year Lease with 10 Percent Increases Every Five Years
- Strong Franchisee with Over 90 QSR and C-Store Units
- Part of New Nine Plus Acre Project with Esteemed Names such as Sheetz, Discount Tire and Dunkin' Donuts
Listing Price: $1,900,000
Investment Highlights
- New Construction 20-Year Lease with 10 Percent Increases Every Five Years
- Strong Franchisee with Over 90 QSR and C-Store Units
- Part of New Nine Plus Acre Project with Esteemed Names such as Sheetz, Discount Tire and Dunkin' Donuts
Investment Overview
The Tenant, GOC Realco LLC, executed a new 20-year NNN ground lease with four, five-year renewal options. The lease features 10 percent rental increases every five years and is guaranteed by Gilligan Company. Gilligan Company has been in business since 1993, and operates over 90 quick-serve restaurants and convenience stores across Ohio and Indiana.
