Skip to main content

Restaurant

Popeyes

2200 N 14th St, Ponca City, OK 74601

Listing Price: $1,812,500

Cap Rate
5.60%
Tenant Name
Popeyes
Years Remaining On Lease
18.7
Guarantor
Franchisee Guarantee
Rentable SF
2,420
Lease Type
NNN Ground Lease
Rent Per Square Feet
$41.94

Investment Overview

Experienced Operator: 40 Unit Franchisee.

The Hamideh Family, the principals behind the two guaranteeing entities
(JHAH TX LP & ARJH LP), have over 45+ years in the restaurant sector and
currently operate brands across Texas, Oklahoma, Mississippi, Louisiana,
Kansas, and Missouri. Currently, the operation consists of 30 IHOPs, with
plans to expand to 50 units by 2027, and 9 Popeyes, with plans to expand
to 25 units by 2027. The goal is to grow the portfolio to over 100 restaurants.

Investment Highlights

  • Recently Built: Site Constructed in 2018 Excellent Location: Between Hospital and Walmart
  • Inflation Resistant: 1.50% Annual Rent Increases
  • Absolute NNN Ground Lease: No LL Responsibilities

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Listing Price: $1,812,500

Cap Rate
5.60%
Tenant Name
Popeyes
Years Remaining On Lease
18.7
Guarantor
Franchisee Guarantee
Rentable SF
2,420
Lease Type
NNN Ground Lease
Rent Per Square Feet
$41.94

Investment Highlights

  • Recently Built: Site Constructed in 2018 Excellent Location: Between Hospital and Walmart
  • Inflation Resistant: 1.50% Annual Rent Increases
  • Absolute NNN Ground Lease: No LL Responsibilities

Investment Overview

Experienced Operator: 40 Unit Franchisee. The Hamideh Family, the principals behind the two guaranteeing entities (JHAH TX LP & ARJH LP), have over 45+ years in the restaurant sector and currently operate brands across Texas, Oklahoma, Mississippi, Louisiana, Kansas, and Missouri. Currently, the operation consists of 30 IHOPs, with plans to expand to 50 units by 2027, and 9 Popeyes, with plans to expand to 25 units by 2027. The goal is to grow the portfolio to over 100 restaurants.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

MM Texture Background
MM Textured Background Lower