Restaurant
POPEYES | 20YR NNN SALE-LEASEBACK
6565 E Grant Rd, Tucson, AZ 85715
Listing Price: $3,262,136
Cap Rate
5.15%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,297
Lease Type
Absolute Net
Rent Per Square Feet
$73.14
Investment Overview
.
POPEYES | 20YR NNN SALE-LEASEBACK
Investment Highlights
- Brand New 20-Year Triple Net (NNN) Lease with 10% Rental Increases Every Five (5) Years to Commence at Closing
- Largest Popeyes Franchisee: The Dhanani Group Operates ±1,300 Units
- Inflation Resistant: 10% Rent Increase Every Five (5) Years
- Outstanding Location: 7.5-Miles of University of Arizona (53,187 Students) & 9-Miles from Downtown Tucson
- Brand New Construction: Grand Opening November 8, 2023
- Nearby Tenants Include: Costco, Target, Albertsons, Mercedes Benz, Lowe's, Walmart, Circle K, and Many More National Tenants
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Listing Price: $3,262,136
Cap Rate
5.15%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,297
Lease Type
Absolute Net
Rent Per Square Feet
$73.14
Investment Highlights
- Brand New 20-Year Triple Net (NNN) Lease with 10% Rental Increases Every Five (5) Years to Commence at Closing
- Largest Popeyes Franchisee: The Dhanani Group Operates ±1,300 Units
- Inflation Resistant: 10% Rent Increase Every Five (5) Years
- Outstanding Location: 7.5-Miles of University of Arizona (53,187 Students) & 9-Miles from Downtown Tucson
- Brand New Construction: Grand Opening November 8, 2023
- Nearby Tenants Include: Costco, Target, Albertsons, Mercedes Benz, Lowe's, Walmart, Circle K, and Many More National Tenants
Investment Overview
.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
