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| Price $2,253,000 $2,298,000 | Built/Renov 2017 | Tenant Popeyes |
| Cap Rate 5.10% 5.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,296
| Lease Start
01-01-2017
| #Units
3
|
| Price/SF $683.56 $697.21 | Expiration
01-03-2032
| Tenant Type Fast Food/QSR |
| NOI $114,900 | R. Term 6.8 | Ownership Fee Simple |
| Rent/SF
$34.86
| Increases 10.0%/5/yrs | Pop 5Mi 42,807 |
| Lot/AC 1.34 | Options 3/5yrs/10% | AHHI 5Mi $61,739 |
| | |
Popeyes is strategically located along Church Street with clear visibility and access to 29,900 vehicles passing by daily. The freestanding building is equipped with a large pylon sign, creating superior store visibility. The property is in a dense retail corridor, and is within walking distance to Coastal Centre, a 305,547 SF retail power center currently anchored by Hibbett Sports and Belk....
...Dense retail corridor
Near major nationals
Strategically located
Highway location
Strong tenant synergy
Top 100 MSA
Store sales reported
Absolute NNN
Long 10+ yr lease
Personal guarantee
Popeyes Louisiana Kitchen, Inc., also known as Popeyes, is an American multinational chain of fried chicken fast food restaurants that was founded in 1972 in New Orleans, LA. Popeyes...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 5,383 | 20,741 | 45,518 |
| 2022 Total Population : | 5,205 | 19,493 | 42,780 |
| 2022 Employed Civilian Pop : | 2,285 | 8,330 | 18,351 |
| 2022 Total Businesses : | 609 | 1,267 | 1,904 |
| 2022 Average Household Income : | $ 70,295 | $ 64,991 | $ 69,331 |
| 2022 Total Consumer Spending : | $ 133 M | $ 441 M | $ 917 M |
| 2022 Median Age : | 41 | 39 | 33 |
| 2022 Total Households : | 2,186 | 7,814 | 15,203 |
| 2022 Pop Age 25+: Bachelor's Degree : | 592 | 1,507 | 3,231 |
| 2022 Average Home Value : | $ 249,711 | $ 221,128 | $ 236,881 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Pine St | Cheatum Cir | 2010 | 850 | 0.08 mi |
| Forest View Rd | Cherokee St | 2019 | 200 | 0.15 mi |
| Pine Street | Pine St | 2019 | 1,000 | 0.18 mi |
| Elm St | 15th Ave | 2019 | 3,400 | 0.25 mi |
| Buck St | 10th Ave | 2019 | 425 | 0.25 mi |
| 16th Ave | Elizabeth St | 2019 | 11,500 | 0.26 mi |
| 16th Ave | Forest View Rd | 2019 | 3,200 | 0.31 mi |
| 9th Ave | Burroughs St | 2019 | 3,800 | 0.34 mi |
| Elm St | 16th Ave | 2019 | 2,000 | 0.36 mi |
| Church St | 9th Ave | 2019 | 28,200 | 0.41 mi |
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Davenport, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Sparta, NJ
Cap Rate 6.00%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 3,046
Aberdeen, SD
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,530
McKinney, TX
Cap Rate 4.00%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 2,063
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,147
Lagrangeville, NY
Cap Rate 5.10%
Lease NN+
R. Term 29.11 yrs
Size/SF 3,000
Haines City, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 4.70 yrs
Size/SF 2,500
Soledad, CA
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 950
Las Vegas, NV
Cap Rate 5.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 573
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 4,488
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 2,518
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 1,829
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
Clermont, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 950
Jenison, MI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,357
East Liverpool, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 5,062
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 959
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
