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
Exclusively Listed By
Broker of Record
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
Financing By
