Popeyes

487 S Blvd, Brewton, AL

Property Information

Price Summary

$ 2,583,334

Cap Rate

6 %

NOI

$ 155,000

Total Lot Size

1.02 Acres

Building Size

2,345 SF

Market Leader/Director

T: (262) 309-4900

Popeyes in Brewton, AL With Full 20-Year Primary Lease Term
Absolute NNN Lease – Zero Landlord Responsibilities
Attractive Rental Increases of 7.5% Every 5 Years
Tenant Has Committed to Store Remodel by 2030, Demonstrating Strong Staying Power
Large 1.02-Acre Parcel Along S Blvd With 15,598 Vehicles Passing Daily
5-Mile Demographics of 10K+ Residents
Located Near National Tenants Including Dollar General, McDonald’s, Arby’s, and Pizza Hut
Subject Property is Surrounded by Apartments and Schools Within 2 Miles Creating Additional Customer Traffic for the Area
Guaranteed by Ram-Z Restaurant Group, a Rapidly Growing Operator of 80+ Units Across Three Brands
Brewton is the County Seat of Escambia County, Providing a Stable Population Base and Attracting Major Employers, Like T.R Miller, Georgia Pacific, and Grede
Strong Unit Level Sales Reported at $2.056MM