Restaurant
Popeyes | Absolute NNN | High-Visibility Location Along Gulf Freeway with 185K+ VPD | Houston, TX
14266 Gulf Fwy, Houston, TX 77034
Listing Price: $2,250,019
Investment Overview
Marcus & Millichap is pleased to present a freestanding Popeyes located at 14266 Gulf Freeway in Houston, Texas. This ±2,266 SF property sits on ±0.54 acres along I-45 with direct frontage and traffic counts exceeding 185,000 vehicles per day. The site offers exceptional visibility and access within the fifth-largest metro area in the U.S.
The tenant is CSM Group, a top-tier Popeyes operator with 120+ locations across Texas, Missouri, and Kansas. The franchisee has been awarded Popeyes Franchisee of the Year for two consecutive years and is actively expanding through remodels and new-builds as part of the brand’s “Easy to Love” revitalization initiative.
Priced at $2,250,019 with $120,376 in current base rent and upside potential through a unique percentage rent clause separate from and in addition to the 10%/5-Year rent increases, this asset offers a passive, high-credit investment with income upside tied to performance.
Popeyes | Absolute NNN | High-Visibility Location Along Gulf Freeway with 185K+ VPD | Houston, TX
Investment Highlights
- Nearly 9-Years Remaining on Absolute NNN Lease With Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years Plus Percentage Rent | Percentage Rent Kicks In at 8% of Sales Over Breakpoint if Annual Sales Exceed Prior Year by 5%+
- Prime I-45 Frontage With 185K+ VPD | Dense Southeast Houston Retail Corridor
- Surrounded by Walmart, H-E-B, Chick-fil-A, Wingstop, and Major Employers
- Franchisee Operates 120+ Popeyes Units and Was Named 2024 & 2025 Popeyes Franchisee of the Year
- Part of Restaurant Brands International (NYSE: QSR) – $6.8B Revenue, 3,700+ Popeyes Locations Globally
- Located in the Houston MSA—5th Largest Metro in the U.S. With Strong Growth and Infrastructure
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Restaurant
Popeyes | Absolute NNN | High-Visibility Location Along Gulf Freeway with 185K+ VPD | Houston, TX
Listing Price: $2,250,019
Investment Highlights
- Nearly 9-Years Remaining on Absolute NNN Lease With Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years Plus Percentage Rent | Percentage Rent Kicks In at 8% of Sales Over Breakpoint if Annual Sales Exceed Prior Year by 5%+
- Prime I-45 Frontage With 185K+ VPD | Dense Southeast Houston Retail Corridor
- Surrounded by Walmart, H-E-B, Chick-fil-A, Wingstop, and Major Employers
- Franchisee Operates 120+ Popeyes Units and Was Named 2024 & 2025 Popeyes Franchisee of the Year
- Part of Restaurant Brands International (NYSE: QSR) – $6.8B Revenue, 3,700+ Popeyes Locations Globally
- Located in the Houston MSA—5th Largest Metro in the U.S. With Strong Growth and Infrastructure
Investment Overview
Marcus & Millichap is pleased to present a freestanding Popeyes located at 14266 Gulf Freeway in Houston, Texas. This ±2,266 SF property sits on ±0.54 acres along I-45 with direct frontage and traffic counts exceeding 185,000 vehicles per day. The site offers exceptional visibility and access within the fifth-largest metro area in the U.S. The tenant is CSM Group, a top-tier Popeyes operator with 120+ locations across Texas, Missouri, and Kansas. The franchisee has been awarded Popeyes Franchisee of the Year for two consecutive years and is actively expanding through remodels and new-builds as part of the brand’s “Easy to Love” revitalization initiative. Priced at $2,250,019 with $120,376 in current base rent and upside potential through a unique percentage rent clause separate from and in addition to the 10%/5-Year rent increases, this asset offers a passive, high-credit investment with income upside tied to performance.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
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