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Restaurant

Popeyes - Absolute Net (NNN) - Ellenton FL

3707 U.S. Hwy 301 N, Ellenton, FL 34222

Listing Price: $2,656,665

Cap Rate
6.00%
Tenant Name
Popeyes
Years Remaining On Lease
8.5
Gross SF
2,265
Guarantor
Franchisee Guarantee
Rentable SF
2,265
Price/Gross SF
$1,172.92
Lease Type
Absolute Net
Rent Per Square Feet
$70.38

Investment Overview

We are pleased to present the opportunity to acquire a freestanding Popeyes Louisiana Kitchen operated by Sailormen, Inc., one of the largest and most established Popeyes franchisees in the system. The property is situated on a 0.96-acre fee simple parcel with 165 feet of frontage along U.S. Highway 301, a major north–south thoroughfare carrying 34,000 vehicles per day.

The 2,265-square-foot building, constructed in 2019, represents Popeyes’ modern prototype and has been operated successfully by Sailormen since opening. The absolute NNN lease provides long-term passive income backed by a seasoned multi-unit operator with decades of experience and a strong presence across multiple states. The combination of new construction, a highly recognizable national brand, and fully passive lease structure positions the asset as a stable and durable investment.

Situated along a rapidly developing corridor, the property benefits from strong visibility, convenient access, and proximity to expanding residential communities and commercial demand drivers. The surrounding market continues to grow with new housing under development, increasing the consumer base and reinforcing long-term stability for this high-performing
Popeyes location.

Investment Highlights

  • Long Term Absolute NNN Lease – Zero Landlord Responsibilities; Fully Passive Investment
  • Operated By Sailormen Inc – 130 Unit Popeyes Franchisee
  • Strong Growth Market - Approximately 10,000 New Homes Under Construction
  • Tax-Free State – Florida Has No State Income Tax

Exclusively Listed By

Financing By

Restaurant

Popeyes - Absolute Net (NNN) - Ellenton FL

Listing Price: $2,656,665

Cap Rate
6.00%
Tenant Name
Popeyes
Years Remaining On Lease
8.5
Gross SF
2,265
Guarantor
Franchisee Guarantee
Rentable SF
2,265
Price/Gross SF
$1,172.92
Lease Type
Absolute Net
Rent Per Square Feet
$70.38

Investment Highlights

  • Long Term Absolute NNN Lease – Zero Landlord Responsibilities; Fully Passive Investment
  • Operated By Sailormen Inc – 130 Unit Popeyes Franchisee
  • Strong Growth Market - Approximately 10,000 New Homes Under Construction
  • Tax-Free State – Florida Has No State Income Tax

Investment Overview

We are pleased to present the opportunity to acquire a freestanding Popeyes Louisiana Kitchen operated by Sailormen, Inc., one of the largest and most established Popeyes franchisees in the system. The property is situated on a 0.96-acre fee simple parcel with 165 feet of frontage along U.S. Highway 301, a major north–south thoroughfare carrying 34,000 vehicles per day. The 2,265-square-foot building, constructed in 2019, represents Popeyes’ modern prototype and has been operated successfully by Sailormen since opening. The absolute NNN lease provides long-term passive income backed by a seasoned multi-unit operator with decades of experience and a strong presence across multiple states. The combination of new construction, a highly recognizable national brand, and fully passive lease structure positions the asset as a stable and durable investment. Situated along a rapidly developing corridor, the property benefits from strong visibility, convenient access, and proximity to expanding residential communities and commercial demand drivers. The surrounding market continues to grow with new housing under development, increasing the consumer base and reinforcing long-term stability for this high-performing Popeyes location.

Exclusively Listed By

Financing By

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