Popeyes - Net Lease Property for Sale
Vienna, GA
Key Investment Metrics
Price
$1,400,000
Cap Rate
7.6%
Net Operating Income
$106,119
Building Size
2904 SF
Lot Size
2,904 SF
Land Area
1.21 Acres
Remaining Term
5.4 years
Lease Expiration
11/30/2031
Lease Term
15 years
Lease Commencement
12/01/2016
Lease Type
NN+
Tenant Credit
Franchisee
Year Built
1989
Occupancy
100%
Tenancy
Single
Rent Increases
10% at Each Option
About This Popeyes Net Lease Property
This Popeyes NNN (triple net lease) property is located in Vienna, GA and represents an excellent investment opportunity for commercial real estate investors. The property features 2904 square feet of building space and was built in 1989.
With a cap rate of 7.6%, this Popeyes net lease property offers stable income potential. The asking price is $1,400,000, 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.
Vienna, GA Market Overview
Located in Vienna, GA, this Popeyes property benefits from strong local demographics and market fundamentals. The Vienna area offers excellent visibility and accessibility, making it an ideal location for Popeyes operations and a solid investment for net lease property buyers.