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For Sale

Popeyes

461 Western Bypass,
Andalusia, AL 36420

Asset Snapshot

100%
Occupancy

Offering Summary

Investment Overview

TBD


Investment Highlights

  • Popeyes in Andalusia, AL With Full 20 Years Remaining on Primary Term
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Attractive 7.5% Rent Increase Every 5 Years
  • Tenant Has Committed to Store Remodel by 2030, Demonstrating Strong Staying Power
  • Strong Retail Traffic Drivers Nearby Including Ollie’s, Tractor Supply Company, Pic-n-Sav, and Dozens of Other National Credit Retail
  • Strategically Positioned Along Western Bypass With Nearly 15,000 Vehicles Passing in Front of Subject Property Daily
  • Guaranteed by Ram-Z Restaurant Group, a Rapidly Growing Operator of 80+ Units Across Three Brands
  • Andalusia is the County Seat of Covington County, Providing a Stable Population Base With Growing Retail Development
  • History of Strong Reported Sales at Location – Inquire With Broker

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Listing Syndicated From

Buildout
For Sale
$2,480,000
Asking Price