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Restaurant

Popeyes

510 E North Ave, Belton, MO 64012

Listing Price: $2,727,273

Cap Rate
5.50%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,493
Lease Type
NNN Ground Lease
Rent Per Square Feet
$60.17

Investment Overview

• Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System
• Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
• Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
• Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years
• Ideal for Out-of-State Investors - Tenant is Responsible for All Maintenance, Taxes, Insurance, Roof,
and Structure
• CSM Group has Been in the Franchising Space Since the Early 1980’s
• ±100 Popeyes Locations Across Texas, Kansas, and Missouri with Plans to Increase to ±115 Locations
by 2025
• Significant Plans for Expansion by Fulfilling the Largest Active Popeyes Development Agreement
• Tim Hortons’ Selected CSM Group to be the Franchise’s First Franchisee in Texas

Investment Highlights

  • • Situated along East North Avenue (Highway 58), a Major Thoroughfare in Belton, Ensuring High Visibility and Easy Access | Over 30,000 Cars Per Day at the Highway 58 and Cedar Street Intersection
  • • Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System
  • • Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Listing Price: $2,727,273

Cap Rate
5.50%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
2,493
Lease Type
NNN Ground Lease
Rent Per Square Feet
$60.17

Investment Highlights

  • • Situated along East North Avenue (Highway 58), a Major Thoroughfare in Belton, Ensuring High Visibility and Easy Access | Over 30,000 Cars Per Day at the Highway 58 and Cedar Street Intersection
  • • Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System
  • • Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities

Investment Overview

• Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System • Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities • Attractive Rental Increases | 10% Every 5 Years, Including Option Periods • Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years • Ideal for Out-of-State Investors - Tenant is Responsible for All Maintenance, Taxes, Insurance, Roof, and Structure • CSM Group has Been in the Franchising Space Since the Early 1980’s • ±100 Popeyes Locations Across Texas, Kansas, and Missouri with Plans to Increase to ±115 Locations by 2025 • Significant Plans for Expansion by Fulfilling the Largest Active Popeyes Development Agreement • Tim Hortons’ Selected CSM Group to be the Franchise’s First Franchisee in Texas

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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