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Restaurant

POPEYES | 20YR NNN SALE-LEASEBACK

1343 S Gilbert Rd, Mesa, AZ 85204

Listing Price: $3,106,796

Cap Rate
5.15%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,010
Lease Type
Absolute Net
Rent Per Square Feet
$79.60

Investment Overview

.

Investment Highlights

  • Brand New 20-Year Triple Net (NNN) Lease with 10% Rental Increases Every Five (5) Years to Commence at Closing
  • Extremely Strong Sales w/ Healthy 8% Rent-to-Sales Ratio
  • 2022 Construction on Large 1.23-Acre Lot
  • Largest Popeyes Franchisee: The Dhanani Group Operates ±1,300 Units
  • Strategically Positioned Right Off US-60 Which Boasts a Traffic Volume of 238,760 Cars/Day
  • Outstanding Location: Dense 5-Mile Population of ±416,776
  • Nearby Retailers Include: Target, Trader Joe's, Big 5, Starbucks, Fresenius Kidney Care, Sprouts, and Many More National Tenants
  • Direct Access From/To South Gilbert Rd (41,378 Cars/Day) Next to Signalized Intersection

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Restaurant

POPEYES | 20YR NNN SALE-LEASEBACK

Listing Price: $3,106,796

Cap Rate
5.15%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,010
Lease Type
Absolute Net
Rent Per Square Feet
$79.60

Investment Highlights

  • Brand New 20-Year Triple Net (NNN) Lease with 10% Rental Increases Every Five (5) Years to Commence at Closing
  • Extremely Strong Sales w/ Healthy 8% Rent-to-Sales Ratio
  • 2022 Construction on Large 1.23-Acre Lot
  • Largest Popeyes Franchisee: The Dhanani Group Operates ±1,300 Units
  • Strategically Positioned Right Off US-60 Which Boasts a Traffic Volume of 238,760 Cars/Day
  • Outstanding Location: Dense 5-Mile Population of ±416,776
  • Nearby Retailers Include: Target, Trader Joe's, Big 5, Starbucks, Fresenius Kidney Care, Sprouts, and Many More National Tenants
  • Direct Access From/To South Gilbert Rd (41,378 Cars/Day) Next to Signalized Intersection

Investment Overview

.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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