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Restaurant

Popeyes | 10+ Year NNN

100 NE Hickory Level Rd, Villa Rica, GA 30180

Listing Price: $2,533,000

Cap Rate
6.00%
Tenant Name
Popeyes
Years Remaining On Lease
11.0
Guarantor
Regional Franchisee
Rentable SF
2,145
Lease Type
Absolute Net
Rent Per Square Feet
$70.86

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 CONSTRUCTION
  • CORNER LOT AT LIGHTED INTERSECTION | 26,300 VPD ON CARROLLTON VILLA RICA HIGHWAY

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

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

    Atlanta

Restaurant

Popeyes | 10+ Year NNN

Listing Price: $2,533,000

Cap Rate
6.00%
Tenant Name
Popeyes
Years Remaining On Lease
11.0
Guarantor
Regional Franchisee
Rentable SF
2,145
Lease Type
Absolute Net
Rent Per Square Feet
$70.86

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • 15-YEAR INITIAL LEASE TERM
  • 10% INCREASES EVERY 5 YEARS
  • NEW 2021 CONSTRUCTION
  • CORNER LOT AT LIGHTED INTERSECTION | 26,300 VPD ON CARROLLTON VILLA RICA HIGHWAY

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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