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Restaurant

POPEYES | 20YR NNN SALE-LEASEBACK

775 E Pershing Rd, Decatur, IL 62526

Listing Price: $2,086,957

Cap Rate
5.75%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$48.00

Investment Overview

20YR NNN LEASEBACK | 10% INCREASE/5-YEARS | LARGEST FRANCHISEE

Investment Highlights

  • 20 Year Fee-Simple Absolute-NNN Lease to Commence at Close of Escrow
  • Lease Signed by 89-Unit Entity (Subsidiary of 1,000+ Unit Operator)
  • Healthy 8% Rent-To-Sales Ratio on Each Property

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Restaurant

POPEYES | 20YR NNN SALE-LEASEBACK

Listing Price: $2,086,957

Cap Rate
5.75%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$48.00

Investment Highlights

  • 20 Year Fee-Simple Absolute-NNN Lease to Commence at Close of Escrow
  • Lease Signed by 89-Unit Entity (Subsidiary of 1,000+ Unit Operator)
  • Healthy 8% Rent-To-Sales Ratio on Each Property

Investment Overview

20YR NNN LEASEBACK | 10% INCREASE/5-YEARS | LARGEST FRANCHISEE

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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