Restaurant
Popeye’s – Out-Parcel to Sam’s Club (1.7M Visits)
3166 N Maize Rd, Wichita, KS 67205
Listing Price: $2,833,333
Cap Rate
6.00%
Tenant Name
Popeye's
Years Remaining On Lease
25.0
Guarantor
Franchisee Guarantee
Rentable SF
3,050
Lease Type
Absolute Net
Rent Per Square Feet
$55.74
Investment Overview
3166 North Maize Road, Wichita, Kansas
Popeye’s – Out-Parcel to Sam’s Club (1.7M Visits)
Investment Highlights
- BRAND NEW 25-YEAR ABSOLUTE-NET LEASE: Features 7.5% Rent Increases Every Five Years, with No Landlord Responsibilities—Tenant Covers all Maintenance, Taxes, Insurance, Roof, and Structure.
- LEASED TO JHAH PROPERTY HOLDINGS: An Experienced Operator that Currently Operates Restaurants in Four Different States; Kansas, Missouri, Oklahoma, and Texas.
- CONVENIENT LOCATION: Just 15 Minutes from Downtown Wichita, KS, Strategically Positioned as an Outparcel to a High-Traffic Sam's Club and Adjacent to one of Kansas' Largest Open-Air Shopping Centers.
- HIGH-TRAFFIC RETAIL HUB: Situated across from a Rare Super Target (One of only 239 in the U.S.), Offering Exceptional Visibility in a Busy Retail Corridor.
- PREMIUM CORNER LOT: Boasts a Prime Corner Location with Excellent Visibility and a Double Drive-Thru, Ideal for Maximizing Traffic Flow and Customer Convenience.
Broker of Record
Listing Price: $2,833,333
Cap Rate
6.00%
Tenant Name
Popeye's
Years Remaining On Lease
25.0
Guarantor
Franchisee Guarantee
Rentable SF
3,050
Lease Type
Absolute Net
Rent Per Square Feet
$55.74
Investment Highlights
- BRAND NEW 25-YEAR ABSOLUTE-NET LEASE: Features 7.5% Rent Increases Every Five Years, with No Landlord Responsibilities—Tenant Covers all Maintenance, Taxes, Insurance, Roof, and Structure.
- LEASED TO JHAH PROPERTY HOLDINGS: An Experienced Operator that Currently Operates Restaurants in Four Different States; Kansas, Missouri, Oklahoma, and Texas.
- CONVENIENT LOCATION: Just 15 Minutes from Downtown Wichita, KS, Strategically Positioned as an Outparcel to a High-Traffic Sam's Club and Adjacent to one of Kansas' Largest Open-Air Shopping Centers.
- HIGH-TRAFFIC RETAIL HUB: Situated across from a Rare Super Target (One of only 239 in the U.S.), Offering Exceptional Visibility in a Busy Retail Corridor.
- PREMIUM CORNER LOT: Boasts a Prime Corner Location with Excellent Visibility and a Double Drive-Thru, Ideal for Maximizing Traffic Flow and Customer Convenience.
Investment Overview
3166 North Maize Road, Wichita, Kansas
Broker of Record
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