Popeyes - Net Lease Property for Sale
Amite City, LA
Key Investment Metrics
Price
$3,114,089
Cap Rate
5.8%
Net Operating Income
$179,060
Building Size
2250 SF
Lot Size
2,250 SF
Land Area
0.69 Acres
Remaining Term
25 years
Lease Term
25 years
Lease Type
NNN
Tenant Credit
Franchisee
Year Built
2004
Occupancy
100%
Tenancy
Single
About This Popeyes Net Lease Property
This Popeyes NNN (triple net lease) property is located in Amite City, LA and represents an excellent investment opportunity for commercial real estate investors. The property features 2250 square feet of building space and was built in 2004.
With a cap rate of 5.8%, this Popeyes net lease property offers stable income potential. The asking price is $3,114,089, making it an attractive option for 1031 exchange investors seeking quality Popeyes commercial properties.
Why Invest in Popeyes NNN Properties?
- Stable Income: Popeyes net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Popeyes is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Amite City, LA Market Overview
Located in Amite City, LA, this Popeyes property benefits from strong local demographics and market fundamentals. The Amite City area offers excellent visibility and accessibility, making it an ideal location for Popeyes operations and a solid investment for net lease property buyers.