Popeyes Triple Net NNN Lease Closed
We are pleased to announce that we have closed a Popeyes Louisiana Kitchen Triple Net NNN Lease Investment. We succesfully represented the Buyer in the transaction, which is a NNN Lease Real Estate Investor in the state of Florida. This is a Brand New Restaurant located in the city of Port Orange, Florida.
- Sold it for $1,775,000 @ 5.25% CAP Rate
- Abosulte NNN Lease with NO Landlord Responsibilities
- 20 Year Brand New Lease with four additional 5 Year extension options
- 10% Annual Rent Increases every 5 years
- Franchisee & Guarantor Operates 150 Restaurants in 7 States
- Popeyes Louisiana Kitchen operates 2,225 Restaurants in 47 States
- Funding Terms: Private Investor – Cash Transaction
- Time to Close – 27 days
Triple Net NNN Lease Investments have become a very popular real estate investment, mainly because of its singular benefits in providing the investor a perfect mix of: capital preservation, excellent capitalization, passive income, investment stability and outstanding tax benefits.
At CASABLANCA Commercial Real Estate, we specialize in Triple Net NNN Lease Investments and we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. Our buyer’s brokerage fees are Free for the buyer.
Contact us here or give us a call at 407.205.7570, let us be your trusted Triple Net NNN Lease Advisor