Popeyes 15 YR. NNN Lease

For Sale

8350 Senoia Rd, Fairburn, GA 30213

This Fairburn property for sale is located at 8350 Senoia Rd. The current listed sale price for Popeyes 15 YR. NNN Lease is $3,000,000.

Contacts

broker

Elliott Kyle

Skyline Seven Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,200 SF
  • Additional Rent Contact for pricing
  • Year Built 2023
  • Date Updated Jun 18, 2024
Situated just 20 miles southwest of Atlanta, Fairburn enjoys the advantages of being in close proximity to a major metropolitan area while maintaining its small-town appeal. The city's strategic location offers easy access to employment centers, educational institutions, healthcare facilities, and recreational destinations. One of Fairburn's notable advantages is its affordability compared to neighboring areas. The cost of living in Fairburn is relatively lower than that of Atlanta and other nearby cities, making it an attractive destination for individuals and families seeking more affordable housing options without compromising on quality of life. The presence of major industries, including logistics and distribution, manufacturing, and healthcare, has contributed to a stable job market that has contributed to the city's economic growth.This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Popeyes, located in Fairburn, Georgia. The property will finish development and open for business in Q3 of 2023, and with have a 15 year NNN lease with Popeyes, that includes 7.5% increases every 5 years, and two 5-year options. The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations. Popeyes is one of the fastest growing QSR brands in the world, and this is an ideal location for the restaurant.

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Highlights

  • New construction to be completed and open in Q3 of 2023
  • 15 year absolute NNN lease - 7.5% increases every 5 years with 2 x5 year options
  • Popeyes is one of the fastest growing QSR brands in the world
  • Sale leaseback with a strong franchisee- Operates Popeye's, Tim Hortons, Checkers, & Moe's
  • Well located off I-85 in Fairburn with an ideal location on the main retail artery of one of the most affluent areas in Fairburn.
  • 74,232 people living within a 5 mile radius with an excellent average household income in a 1 mile radius of $96,328

Getting around

  • 46/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fairburn, GA
  • Zip Code 30213
  • Market Atlanta

Points of Interest

  • QuikTrip

    0.57 miles

  • RaceTrac

    0.80 miles

  • Chevron

    1.26 miles

  • Sunoco

    2.60 miles

  • BP

    2.73 miles

  • Exxon

    3.31 miles

  • QT

    3.32 miles

  • Shell

    3.45 miles

  • ChargePoint

    3.47 miles

  • Georgia Renaissance Festival Public Parking

    2.98 miles

  • Truck Parking

    5.30 miles

  • Union City Park & Ride

    5.33 miles

  • Basecamp 5

    5.54 miles

  • General Parking Lot A

    5.54 miles

  • Basecamp 9

    5.55 miles

  • Basecamp 10

    5.62 miles

  • South Deck

    7.50 miles

  • North Deck

    7.54 miles

  • Krystal

    0.53 miles

  • Zaxby's

    0.80 miles

  • McDonald's

    0.86 miles

  • Chick-fil-A

    0.89 miles

  • Dunkin'

    0.92 miles

  • Waffle House

    0.95 miles

  • Oz Pizza

    2.54 miles

  • Sonic

    2.75 miles

  • Shoney's

    3.27 miles

  • Burger King

    3.32 miles

  • Food Depot

    2.64 miles

  • Publix

    3.01 miles

  • ALDI

    3.22 miles

  • Kroger

    3.30 miles

  • Walmart Supercenter

    3.51 miles

  • Target

    6.50 miles

  • Ross

    6.59 miles

  • Marshalls

    6.93 miles

  • Burlington

    6.95 miles

  • Kohl's

    8.21 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Elliott Kyle

Skyline Seven Real Estate