For Sale
Absolute Net Lease Popeyes | Madison, WI MSA
Asking Price: $2,990,000 | Cap Rate: 6.15%
- Net Operating Income: $183,792
- Weighted Avg. Lease Term (WALT): 20 Years
- Lease Type: Absolute Net
Property Highlights
- New 20-year absolute net lease with zero landlord responsibilities
- Recently modernized building occupied by Popeyes
- Extremely high traffic counts, over 50,000 VPD
- Very attractive rent escalations; 1.5% annually after year 3