For Sale

Absolute Net Lease Popeyes | Wisconsin Portfolio

Asking Price: $6,120,000 | Cap Rate: 6%

  • Net Operating Income: $367,584
  • Weighted Avg. Lease Term (WALT): 20 Years

Property Highlights

  • Popeyes with a new 20-year absolute net leases with zero landlord responsibilities
  • Very attractive rent escalations; 1.5% annually after year 3
  • Personally guaranteed rapidly expanding franchisee; operations in IL and IN and expanding into WI
  • Excellent locations within main retail corridors with high traffic counts