Popeyes

1248 Wilson Rd, Newberry, SC

Property Information

Price Summary

$ 1,944,030

Cap Rate

6.5 %

NOI

$ 126,362

Total Lot Size

0.44 Acres

Building Size

2,239 SF

Drew Duncan

Partner/Market Leader

T: (262) 309-4900

Property Highlights

  • Popeyes in Newberry, SC With 10.5+ Years Remaining on Current Term
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • Attractive 10% Rent Increases Every 5 Years
  • Healthy 5-Mile Demogaphics of 17,000+ Residents
  • Near a Signalized Intersection With Combined Traffic Counts of Nearly 25,000 Vehicles Passing Daily
  • Located in a Dense Retail Corridor With Various Big Box Tenants Within 2 Miles Including Walmart, Lowe’s, Starbucks, Chickfil-A, McDonald’s and More Creating Additional Customer Traffic for the Area
  • Operated by PSP Holdings – An Established Franchisee of Popeyes and Five Guys With 37 Locations

Point of Contact

Drew Duncan

Partner/Market Leader

T: (262) 309-4900

TX #733544

Jacob Mace

Associate Director

T: (405) 795-2071

TX #764171

Justin Dillon

Associate Director

T: (916) 903-6026

TX #725767

In cooperation with Brian Brockman at Bang Realty-South Carolina Inc | SC #108250 | bor@bangrealty.com | (513) 898-1551

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