Popeyes for Sale in Lakewood, NY
Lakewood, NY
Key Investment Metrics
Price
$1,333,333
Cap Rate
6.0%
Net Operating Income
$80,000
Building Size
2353 SF
Land Area
1 Acres
Remaining Term
19.8 years
Lease Expiration
05/17/2046
Lease Term
20 years
Lease Commencement
05/17/2026
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Franchisee
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
10%
Property overview
Popeyes in Lakewood
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,353 SF
- Land area
- 1 acres
- Year built
- 2026
- Lease type
- Absolute NNN
- Lease expiration
- 05/17/2046
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.