Popeyes

• Long-Term Absolute NNN Lease – Approximately 17 years remaining on an absolute NNN lease with zero landlord responsibilities
• Built-In Rental Growth – 2% annual rent increases provide consistent income growth and a hedge against inflation
• Experienced Multi-Unit Operator – Tenant operates 61 Popeyes restaurants across Alabama, Georgia, and Florida
• Prime High-Traffic Location – Frontage along South Boulevard (U.S. Highway 82), a major retail corridor with approximately 87,380 vehicles per day
• Surrounded by Major Demand Drivers – Baptist Medical Center South (492-bed hospital), Governor’s Square Shopping Center, anchored by Planet Fitness and Hibbett Sports, JAG High School (approximately 1,587 students)
• Strong Retail & Education Synergy Within ±1.5 Miles – Trenholm State Community College (approximately 1,526 students), Walmart Supercenter-anchored shopping center, Roses & Home Outlet-anchored shopping center