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Restaurant

Popeyes | 11+ Year NNN

1603 Turner McCall Blvd, Rome, GA 30161

Listing Price: $2,480,000

Cap Rate
6.00%
Tenant Name
Popeyes
Years Remaining On Lease
11.6
Guarantor
Regional Franchisee
Rentable SF
2,200
Lease Type
Absolute Net
Rent Per Square Feet
$67.65

Investment Overview

POPEYES | RBI | PURPLE SQUARE MANAGEMENT COMPANY, LLC
• 4,900+ Popeyes Locations Worldwide

• Popeyes is Owned by Restaurant Brands International, Inc. (“RBI”)

• RBI Boasts $45 Billion Annual Revenue | 32,000+ Locations Across Multiple Brands

• Lease Guaranty from Purple Square Management Company, LLC (“PSMC”)

• PSMC is Franchisee of Popeyes, Dunkin’, Rent-A-Center, Take 5 Oil Change and More

• PSMC Operates 250+ Locations Across Multiple Brands

Investment Highlights

  • Absolute Triple Net (NNN) Lease
  • 15-Year Initial Lease Term
  • 10% Increases Every 5 Years
  • New 2021/2022 Construction
  • Corner Lot on Turner McCall Blvd | 33,500 VPD

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Restaurant

Popeyes | 11+ Year NNN

Listing Price: $2,480,000

Cap Rate
6.00%
Tenant Name
Popeyes
Years Remaining On Lease
11.6
Guarantor
Regional Franchisee
Rentable SF
2,200
Lease Type
Absolute Net
Rent Per Square Feet
$67.65

Investment Highlights

  • Absolute Triple Net (NNN) Lease
  • 15-Year Initial Lease Term
  • 10% Increases Every 5 Years
  • New 2021/2022 Construction
  • Corner Lot on Turner McCall Blvd | 33,500 VPD

Investment Overview

POPEYES | RBI | PURPLE SQUARE MANAGEMENT COMPANY, LLC • 4,900+ Popeyes Locations Worldwide • Popeyes is Owned by Restaurant Brands International, Inc. (“RBI”) • RBI Boasts $45 Billion Annual Revenue | 32,000+ Locations Across Multiple Brands • Lease Guaranty from Purple Square Management Company, LLC (“PSMC”) • PSMC is Franchisee of Popeyes, Dunkin’, Rent-A-Center, Take 5 Oil Change and More • PSMC Operates 250+ Locations Across Multiple Brands

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

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