For Sale
Absolute Net Lease Popeyes | Madison, WI MSA
Asking Price: $3,900,000 | Cap Rate: 5%
- Net Operating Income: $195,070
- Weighted Avg. Lease Term (WALT): 16.7 Years
- Lease Type: Absolute Net
Property Highlights
- 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 with five (5), 5-year options