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| Price $2,330,000 | Built/Renov 2023 | Tenant Popeyes |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,354
| Lease Start
01-01-2024
| #Units
3
|
| Price/SF $989.80 | Expiration
12-31-2039
| Tenant Type Fast Food/QSR |
| NOI $139,827 | R. Term 15.3 | Ownership Fee Simple |
| Rent/SF
$59.40
| Increases 8.0%/5/yrs | Pop 5Mi 19,195 |
| Lot/AC 1.56 | Options 3/5yrs/8% | AHHI 5Mi $59,590 |
| | |
Popeyes is strategically located on S Main Street, with access to 14,500 vehicles passing by daily. The property's proximity to I-74, approximately 1/3 mile away, provides additional access to 20,500 vehicles. Furthermore, the property boasts two points of ingress & egress, enhancing accessibility for customers. It is conveniently located 1.25 miles from Downtown Laurinburg, and within a...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Freeway close
Brand new lease
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 founded in 1972 in New Orleans, LA. Popeyes distinguishes itself...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,477 | 13,768 | 18,580 |
| 2023 Total Population : | 4,599 | 14,102 | 18,989 |
| 2023 Employed Civilian Pop : | 1,489 | 4,912 | 6,965 |
| 2023 Total Businesses : | 431 | 766 | 862 |
| 2023 Average Household Income : | $ 43,609 | $ 57,974 | $ 59,529 |
| 2023 Total Consumer Spending : | $ 78 M | $ 296 M | $ 408 M |
| 2023 Median Age : | 40 | 40 | 41 |
| 2023 Total Households : | 2,010 | 5,780 | 7,762 |
| 2023 Pop Age 25+: Bachelor's Degree : | 284 | 1,065 | 1,618 |
| 2023 Average Home Value : | $ 120,143 | $ 142,136 | $ 144,229 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Main St | Crepe Myrtle Ave | 2004 | 11,000 | 0.03 mi |
| South Main Street | 2019 | 9,800 | 0.04 mi | |
| South Main Street | Crepe Myrtle Ave | 2021 | 10,434 | 0.07 mi |
| Johns Road | Elm St | 2021 | 2,673 | 0.09 mi |
| Johns Road | 2019 | 2,800 | 0.10 mi | |
| Johns Road | S Pine St | 2021 | 2,963 | 0.12 mi |
| Biggs Street | Ivy St | 2021 | 1,124 | 0.15 mi |
| S Main St | Tucker St | 2004 | 11,000 | 0.19 mi |
| South Main Street | Yadkin Ave | 2018 | 9,700 | 0.26 mi |
| Biggs Street | Tucker St | 2021 | 1,130 | 0.27 mi |
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Cap Rate 5.15%
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Size/SF 959
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Cap Rate 5.50%
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Shreveport,
Cap Rate 6.25%
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Size/SF 800
Richmond, KY
Cap Rate 5.40%
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R. Term 18.10 yrs
Size/SF 950
Abbeville, LA
Cap Rate 5.52%
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Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 981
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
