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Restaurant

Popeyes | 15-Year NNN

1603 Turner McCall Blvd, Rome, GA 30161

Listing Price: $2,977,000

Cap Rate
5.00%
Tenant Name
Popeyes
Years Remaining On Lease
20.2
Gross SF
2,200
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Price/Gross SF
$1,353.18
Lease Type
Absolute Net
Rent Per Square Feet
$67.65

Investment Overview

POPEYES | PURPLE SQUARE MANAGEMENT COMPANY, LLC • 2,700+ POPEYES LOCATIONS WORLDWIDE • OWNED BY RESTAURANT BRANDS INTERNATIONAL, INC. (“RBI”) • RBI BOASTS $33 BILLION ANNUAL REVENUE • 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 200+ LOCATIONS ACROSS MULTIPLE BRANDS

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • 10% INCREASES EVERY 5 YEARS
  • BRAND NEW 2021 CONSTRUCTION
  • CORNER LOT ON TURNER MCCALL BLVD | 33,500 VPD
  • STRONG DEMOGRAPHICS | 53,000+ 5-MILE POPULATION

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    Email Robby

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

    Atlanta

Listing Price: $2,977,000

Cap Rate
5.00%
Tenant Name
Popeyes
Years Remaining On Lease
20.2
Gross SF
2,200
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Price/Gross SF
$1,353.18
Lease Type
Absolute Net
Rent Per Square Feet
$67.65

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • ABSOLUTE TRIPLE NET (NNN) LEASE
  • 10% INCREASES EVERY 5 YEARS
  • BRAND NEW 2021 CONSTRUCTION
  • CORNER LOT ON TURNER MCCALL BLVD | 33,500 VPD
  • STRONG DEMOGRAPHICS | 53,000+ 5-MILE POPULATION

Investment Overview

POPEYES | PURPLE SQUARE MANAGEMENT COMPANY, LLC • 2,700+ POPEYES LOCATIONS WORLDWIDE • OWNED BY RESTAURANT BRANDS INTERNATIONAL, INC. (“RBI”) • RBI BOASTS $33 BILLION ANNUAL REVENUE • 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 200+ LOCATIONS ACROSS MULTIPLE BRANDS

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    Email Robby

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

    Atlanta

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