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Restaurant

Popeyes

945 S Salisbury Blvd, Salisbury, MD 21801

Listing Price: $2,309,718

Cap Rate
6.25%
Tenant Name
Popeyes
Years Remaining On Lease
4.5
Gross SF
2,710
Guarantor
Franchisee Guarantee
Rentable SF
2,710
Price/Gross SF
$852.29
Lease Type
Absolute Net
Rent Per Square Feet
$53.27

Investment Overview

Inflation Resistant: Rare Annual CPI Rent Increases

Investment Highlights

  • University Location: Across the Street from Salisbury University (Enrollment: ±8,750) Inflation Resistant: Rare Annual CPI Rent Increases
  • Absolute-NNN Lease: No LL Responsibilities
  • 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

Listing Price: $2,309,718

Cap Rate
6.25%
Tenant Name
Popeyes
Years Remaining On Lease
4.5
Gross SF
2,710
Guarantor
Franchisee Guarantee
Rentable SF
2,710
Price/Gross SF
$852.29
Lease Type
Absolute Net
Rent Per Square Feet
$53.27

Investment Highlights

  • University Location: Across the Street from Salisbury University (Enrollment: ±8,750) Inflation Resistant: Rare Annual CPI Rent Increases
  • Absolute-NNN Lease: No LL Responsibilities
  • Experienced Operator: Parikh Network is a multi-unit franchisee with 190+ total units, including 150+ Popeyes restaurants

Investment Overview

Inflation Resistant: Rare Annual CPI Rent Increases

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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