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Restaurant

Popeyes

8199 Ocean Gateway, Easton, MD 21601

Listing Price: $2,704,063

Cap Rate
6.25%
Tenant Name
Popeyes
Years Remaining On Lease
4.5
Gross SF
2,278
Guarantor
Franchisee Guarantee
Rentable SF
2,278
Price/Gross SF
$1,187.03
Lease Type
Absolute Net
Rent Per Square Feet
$74.19

Investment Overview

Experienced Operator: Parikh Network is a multi-unit franchisee with 190+ total units, including 150+ Popeyes restaurants

Investment Highlights

  • Nearby Retailers: Walmart, Aldi, Wawa, Starbucks, and More
  • Inflation Resistant: Rare Annual CPI Rent Increases
  • Absolute-NNN Lease: No LL Responsibilities

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Financing By

Listing Price: $2,704,063

Cap Rate
6.25%
Tenant Name
Popeyes
Years Remaining On Lease
4.5
Gross SF
2,278
Guarantor
Franchisee Guarantee
Rentable SF
2,278
Price/Gross SF
$1,187.03
Lease Type
Absolute Net
Rent Per Square Feet
$74.19

Investment Highlights

  • Nearby Retailers: Walmart, Aldi, Wawa, Starbucks, and More
  • Inflation Resistant: Rare Annual CPI Rent Increases
  • Absolute-NNN Lease: No LL Responsibilities

Investment Overview

Experienced Operator: Parikh Network is a multi-unit franchisee with 190+ total units, including 150+ Popeyes restaurants

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

Financing By

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