Skip to main content

Restaurant

Popeyes - Brand New 25 Yr Abs-Net Lease

1892 US-81, Duncan, OK 73533

Listing Price: $2,080,000

Cap Rate
6.25%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,236
Lease Type
Absolute Net
Rent Per Square Feet
$58.14

Investment Overview


Strategically located along Duncan's bustling retail corridor on US-81, Popeyes stands at the heart of vibrant commerce, welcoming over 23,700 vehicles daily. With a new 25-year lease agreement in place, Popeyes commits to an absolute-net lease, ensuring zero landlord responsibilities and promising attractive 7.5% rental increases every five years. Positioned less than a mile from Duncan Regional Hospital, a significant local employer with over 760 staff and 128 hospital beds. Operated by JHAH Property Holdings, a seasoned restaurateur with 27 establishments across six states, including Oklahoma, Popeyes boasts the latest 2024 construction, featuring the franchise's contemporary branding style. Situated in close proximity to Duncan High School and Duncan Middle School, catering to a combined student population of 1,668, Popeyes benefits from its strategic locale amidst major retailers like Walmart, Harbor Freight, and Dollar Tree, ensuring a steady flow of foot traffic and customer engagement.

Investment Highlights

  • Prime US-81 Corridor Location: Positioned Along Duncan's Prominent Retail Corridor Popeyes Sees a Daily Traffic Volume of 23,700+ Vehicles.
  • New 25 Year Lease: Following the Close of Escrow Popeyes will Begin a New 25 Year Absolute-Net Lease (Zero Landlord Responsibilities) the Lease will have Attractive 7.5% Rental Increases Every Five Ye
  • Near Duncan Regional Hospital: Less than One Mile from Popeyes, Duncan Regional Hospital (DRH) is a Major Employer in Duncan with 760+ Employees and 128 Staffed Hospital Beds.
  • Strong Franchisee Guaranty: JHAH Property Holdings is a Long-time Restaurateur that Currently Operates 27 Restaurants in Six Different States; Louisiana, Mississippi, Kansas, Missouri, Oklahoma, and Texas.
  • Brand New 2024 Construction: Popeyes will Feature the Most Recent Branding Style and Aesthetic Offered by the Franchise, Maintaining a Fresh and Modern Appearance to Draw in Customers.
  • Close to Duncan High School and Duncan Middle School: Within a 1-mile radius, you'll find Duncan High School and Duncan Middle School, serving a combined student population of 1,668.
  • Surrounded by Major Retailers: Situated amidst big-box retailers such as Walmart, Harbor Freight, Ace Hardware, Tractor Supply, Ross, Bealls, Hibbet Sports, Shoe Dept, Dollar General, and Dollar Tree to Name a Few.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Restaurant

Popeyes - Brand New 25 Yr Abs-Net Lease

Listing Price: $2,080,000

Cap Rate
6.25%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,236
Lease Type
Absolute Net
Rent Per Square Feet
$58.14

Investment Highlights

  • Prime US-81 Corridor Location: Positioned Along Duncan's Prominent Retail Corridor Popeyes Sees a Daily Traffic Volume of 23,700+ Vehicles.
  • New 25 Year Lease: Following the Close of Escrow Popeyes will Begin a New 25 Year Absolute-Net Lease (Zero Landlord Responsibilities) the Lease will have Attractive 7.5% Rental Increases Every Five Ye
  • Near Duncan Regional Hospital: Less than One Mile from Popeyes, Duncan Regional Hospital (DRH) is a Major Employer in Duncan with 760+ Employees and 128 Staffed Hospital Beds.
  • Strong Franchisee Guaranty: JHAH Property Holdings is a Long-time Restaurateur that Currently Operates 27 Restaurants in Six Different States; Louisiana, Mississippi, Kansas, Missouri, Oklahoma, and Texas.
  • Brand New 2024 Construction: Popeyes will Feature the Most Recent Branding Style and Aesthetic Offered by the Franchise, Maintaining a Fresh and Modern Appearance to Draw in Customers.
  • Close to Duncan High School and Duncan Middle School: Within a 1-mile radius, you'll find Duncan High School and Duncan Middle School, serving a combined student population of 1,668.
  • Surrounded by Major Retailers: Situated amidst big-box retailers such as Walmart, Harbor Freight, Ace Hardware, Tractor Supply, Ross, Bealls, Hibbet Sports, Shoe Dept, Dollar General, and Dollar Tree to Name a Few.

Investment Overview

Strategically located along Duncan's bustling retail corridor on US-81, Popeyes stands at the heart of vibrant commerce, welcoming over 23,700 vehicles daily. With a new 25-year lease agreement in place, Popeyes commits to an absolute-net lease, ensuring zero landlord responsibilities and promising attractive 7.5% rental increases every five years. Positioned less than a mile from Duncan Regional Hospital, a significant local employer with over 760 staff and 128 hospital beds. Operated by JHAH Property Holdings, a seasoned restaurateur with 27 establishments across six states, including Oklahoma, Popeyes boasts the latest 2024 construction, featuring the franchise's contemporary branding style. Situated in close proximity to Duncan High School and Duncan Middle School, catering to a combined student population of 1,668, Popeyes benefits from its strategic locale amidst major retailers like Walmart, Harbor Freight, and Dollar Tree, ensuring a steady flow of foot traffic and customer engagement.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

MM Texture Background
MM Textured Background Lower