Popeyes

• Strong Retail Synergy – Strategically located along one of Rome’s primary retail corridors and surrounded by prominent national retailers including Kroger, T.J. Maxx, Barnes & Noble, Ulta Beauty, and Michaels, creating strong consumer draw and retail synergy.
• Absolute Triple Net Lease – The property is subject to an Absolute NNN lease structure with zero landlord responsibilities. The tenant is responsible for all property related operating expenses, providing investors with a passive, management free investment.
• High Traffic Retail Corridor – Positioned along Turner McCall Boulevard with traffic counts exceeding 33,200 vehicles per day, providing strong visibility and exposure along one of Rome’s primary commercial corridors.
• Experienced Multi Unit Franchise Operator – The property is operated by Southern Bird, LLC
• Attractive Rent Growth – The lease features 10% rental increases every five years throughout the remaining base term and option periods, providing investors with income growth and a hedge against inflation.
• Recent Extension – Southern Bird, LLC recently extended the lease early, adding five years to the base term well ahead of expiration and demonstrating long term commitment to the site.
• Long Term Lease – The property benefits from a long-term lease, providing investors with passive cash flow and long term investment stability.
• Strong Surrounding Demographics – More than 53,000 residents live within five miles of the property, providing a substantial customer base