Restaurant
Popeyes
3166 N Maize Rd, Wichita, KS 67205
Listing Price: $3,072,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer this freestanding 3,050± SF Popeyes sitting on approximately 0.73 AC of land strategically positioned as an outparcel to a Sam’s Club. This site is subject to a 20-year NNN Sale-leaseback to commence at Closing with 10% rental increases every five (5) years making for a stable and hands-off investment. The property is currently under construction and opening October 2023.
The franchisee operating this store is Mid-Chkn, LLC, the principals of which are widely recognized for their prowess in operating and developing hotels, boasting a track record that inspires confidence. With a long a history driven by passion, resilience, and an unwavering commitment to excellence, the principals of Mid- Chkn LLC have been successful in navigating one of the most demanding and stringent franchise approval processes and recently secured approval from Popeyes to develop and operate 16 new Popeyes across Kansas.
Popeyes
Investment Highlights
- 20 Year NNN Sale-Leaseback w/ 10% Rent Increases Every Five (5) Years Zero Landlord Responsibilities
- Slated to Open for October 15, 2023 Personal Guaranty ($25MM Net Worth)
- Strategically Positioned as an Outparcel to an Extremely Busy Sam's Club, Down the Street from One of Kansas' Largest Open-Air Shopping Center (800,000 SF of Retailers) Affluent Neighborhood | Averag
Exclusively Listed By
Broker of Record
Listing Price: $3,072,000
Investment Highlights
- 20 Year NNN Sale-Leaseback w/ 10% Rent Increases Every Five (5) Years Zero Landlord Responsibilities
- Slated to Open for October 15, 2023 Personal Guaranty ($25MM Net Worth)
- Strategically Positioned as an Outparcel to an Extremely Busy Sam's Club, Down the Street from One of Kansas' Largest Open-Air Shopping Center (800,000 SF of Retailers) Affluent Neighborhood | Averag
Investment Overview
Marcus & Millichap is pleased to exclusively offer this freestanding 3,050± SF Popeyes sitting on approximately 0.73 AC of land strategically positioned as an outparcel to a Sam’s Club. This site is subject to a 20-year NNN Sale-leaseback to commence at Closing with 10% rental increases every five (5) years making for a stable and hands-off investment. The property is currently under construction and opening October 2023. The franchisee operating this store is Mid-Chkn, LLC, the principals of which are widely recognized for their prowess in operating and developing hotels, boasting a track record that inspires confidence. With a long a history driven by passion, resilience, and an unwavering commitment to excellence, the principals of Mid- Chkn LLC have been successful in navigating one of the most demanding and stringent franchise approval processes and recently secured approval from Popeyes to develop and operate 16 new Popeyes across Kansas.
Exclusively Listed By
Broker of Record
