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Restaurant

Popeyes | 20-Year SLB | 100-Unit Operator

24350 Kuykendahl Rd, Tomball, TX 77375

Listing Price: $2,400,000

Tenant Name
Popeyes
Gross SF
2,407
Guarantor
Local or Regional Franchisee
Rentable SF
2,407
Price/Gross SF
$997.09
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.35

Investment Overview

The opportunity features a Popeye's tenanted building located in the Houston Metro Area with +35,000 VPD. Brand new 20-year NNN ground lease with attractive rental increases and 6 5-year options.

Investment Highlights

  • Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10% Every 5 Years, Including Option Periods with Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years.
  • Situated along Kuykendahl Road, Ensuring High Visibility and Easy Access | Over 35,000 Cars Per Day at the Kuykendahl Road and W Rayford Road Intersection
  • Part of the Houston Metro Area, the Largest City in Texas

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Popeyes | 20-Year SLB | 100-Unit Operator

Listing Price: $2,400,000

Tenant Name
Popeyes
Gross SF
2,407
Guarantor
Local or Regional Franchisee
Rentable SF
2,407
Price/Gross SF
$997.09
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.35

Investment Highlights

  • Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10% Every 5 Years, Including Option Periods with Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years.
  • Situated along Kuykendahl Road, Ensuring High Visibility and Easy Access | Over 35,000 Cars Per Day at the Kuykendahl Road and W Rayford Road Intersection
  • Part of the Houston Metro Area, the Largest City in Texas

Investment Overview

The opportunity features a Popeye's tenanted building located in the Houston Metro Area with +35,000 VPD. Brand new 20-year NNN ground lease with attractive rental increases and 6 5-year options.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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