Popeyes - NNN Net Lease Property for Sale

About This Popeyes Net Lease Property

This Popeyes NNN (triple net lease) property is located in Detroit, MI and represents an excellent investment opportunity for commercial real estate investors. The property features3762 square feet of building space and was built in 2001.

With a cap rate of 4.8%, this Popeyes net lease property offers stable income potential. The asking price is $1,050,000, 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.

Detroit, MI Market Overview

Located in Detroit, MI, this Popeyes property benefits from strong local demographics and market fundamentals. The Detroit area offers excellent visibility and accessibility, making it an ideal location for Popeyes operations and a solid investment for net lease property buyers.