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Restaurant

Popeyes | 20-Year NNN

5590 Thomaston Rd, Macon, GA 31220

Listing Price: $2,632,000

Cap Rate
4.75%
Tenant Name
Popeyes
Years Remaining On Lease
20.2
Gross SF
1,945
Guarantor
Franchisee Guarantee
Rentable SF
1,945
Price/Gross SF
$1,353.21
Lease Type
Absolute Net
Rent Per Square Feet
$64.27

Investment Overview

POPEYES | SAILORMEN, INC. • 2,700+ POPEYES LOCATIONS WORLDWIDE • OWNED BY RESTAURANT BRANDS INTERNATIONAL, INC. (“RBI”) • RBI BOASTS $33 BILLION ANNUAL REVENUE • SAILORMEN IS ONE OF THE A TOP FRANCHISEES WITH 120+ LOCATIONS

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • 10% INCREASES EVERY 5 YEARS
  • BRAND NEW 2021 CONSTRUCTION
  • 120+ UNIT FRANCHISEE

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    Email Robby

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

    Atlanta

Listing Price: $2,632,000

Cap Rate
4.75%
Tenant Name
Popeyes
Years Remaining On Lease
20.2
Gross SF
1,945
Guarantor
Franchisee Guarantee
Rentable SF
1,945
Price/Gross SF
$1,353.21
Lease Type
Absolute Net
Rent Per Square Feet
$64.27

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • 10% INCREASES EVERY 5 YEARS
  • BRAND NEW 2021 CONSTRUCTION
  • 120+ UNIT FRANCHISEE

Investment Overview

POPEYES | SAILORMEN, INC. • 2,700+ POPEYES LOCATIONS WORLDWIDE • OWNED BY RESTAURANT BRANDS INTERNATIONAL, INC. (“RBI”) • RBI BOASTS $33 BILLION ANNUAL REVENUE • SAILORMEN IS ONE OF THE A TOP FRANCHISEES WITH 120+ LOCATIONS

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    Email Robby

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

    Atlanta

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