Property Details

Popeyes Louisiana Kitchen

Union City, GA
Property ID: 11637

Financial Summary

Asking Price $2,500,000
Cap Rate 5.65%
Net Operating Income (NOI) $141,250
Lease Type NNN
Lease Term Remaining 18 Years
Increases 8% Every 5 Years

Offering Memorandum

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Contact

Jonathan W. Hipp
President & CEO
703.787.4725

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Highlights

  • One of the highest grossing locations in the county
  • Low rent to sales ratio
  • 39,000 VPD passing the site
  • Signalized corner location
  • GPS Hospitality - 400+ units
  • Located off from I-85 exit with 130,000 VPD
  • Located ½ Mile from Atlanta Metro Studios', a major film making hub of Atlanta that employs up to 2,000 people
  • 10 miles from Hartsfield-Jackson Atlanta International Airport

Net Lease Advisor

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Location

4750 Jonesboro Road
Union City, GA

Leigh ClinePopeyes Louisiana Kitchen