Popeyes absolute NNN 15 year ground lease
Brand new 2014 construction
10% rental increases every 5 years
Low rent of $78,000 a year
December 2014 opening and strong sales
Popeye’s is publicly traded (NASDAQ Symbol: PLKI)
Popeye’s has approximately 2,379 locations worldwide and is growing rapidly
Popeye’s is the second-largest Quick Service Restaurant (QSR) chicken concept in the world, based on the number of units
Over 39,683 vehicles per day at the intersection (Source: Claritas)
Major employment in the submarket; 51,505 employees in a five mile radius (Source: Claritas)
