Sold Subscription Required
| Price $1,758,000 | Built/Renov 2024 | Tenant Popeyes |
| Cap Rate 4.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,400
| Lease Start
08-15-2024
| #Units
4,979
|
| Price/SF $732.50 | Expiration
08-31-2044
| Tenant Type Fast Food/QSR |
| NOI $83,500 | R. Term 18.11 | Ownership Ground Lease |
| Rent/SF
$34.79
| Increases 10.0%/6/yrs | Pop 5Mi 46,432 |
| Lot/AC 0.95 | Options 4/5yrs/10% | AHHI 5Mi $137,941 |
| | |
Brand new 2024 Popeyes with drive-thru on TX-29 in Liberty Hill
20 year Absolute NNN ground lease commencing August 2024
Initial annual rent $83,500 with 10% increases every 5 years
Four 5 year renewal options extending lease potential to 2044
Lease guaranteed by Z&H Foods Inc Popeyes’ largest franchisee with 180+ units
2,400 SF building on 0.955 acre parcel in fast-growing Austin suburb
Located near HEB McDonald’s Starbucks CVS Walgreens and future Home Depot
Five mile trade area population 46,432 with average household income $137,941
Popeyes – Liberty Hill is strategically located along TX-29 in Liberty Hill, Texas, with access to a daily traffic count of approximately 23,618 vehicles. The site is surrounded by major national retailers including HEB, McDonald’s, Starbucks, Whataburger, CVS, Walgreens, and a Home Depot under construction, driving consistent consumer traffic to the area. The property is located near several...
...New construction
Build to suit
Major thoroughfare
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Absolute NNN
Corporate Guarantee
100+ unit franchisee backed
Popeyes Louisiana Kitchen, Inc., also known as Popeyes, is an American multinational chain of fried chicken fast food restaurants founded in 1972 in New Orleans, LA. Popeyes distinguishes itself...
Detroit, MI
Cap Rate 4.50%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 2,127
Houston, TX
Cap Rate 5.20%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 935
Dade City, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 2,205
Phoenix, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 830
Pensacola, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 9.30 yrs
Size/SF 510
Scottsboro, AL
Cap Rate 5.68%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 1,800
Saint Johns, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,750
Pensacola, FL
Cap Rate 5.15%
Lease Abs NNN
R. Term 7.11 yrs
Size/SF 1,813
Jacksonville, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 950
Prescott Valley, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 600
Oak Park Heights, MN
Cap Rate 5.25%
Lease Abs NNN
R. Term 17.30 yrs
Size/SF 2,515
Houston, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 2,573
Madison Heights, MI
Cap Rate 4.50%
Lease Abs NNN
R. Term 7.60 yrs
Size/SF 2,784
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
