Popeyes

• Strong Retail Synergy – Strategically positioned on a signalized hard corner surrounded by prominent national retailers including Walmart, The Home Depot, QuikTrip, Synovus Bank, and Starbucks, 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 Location – Positioned on a signalized hard corner seeing more than 40,000 vehicles per day with immediate access to Interstate 20, the primary east west corridor connecting Atlanta and Birmingham.
• 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 contractual income growth and a potential hedge against inflation.
• Recent Extension – Southern Bird, LLC recently extended the lease early adding an additional 5 years to the base term, showing their long term commitment to the site.
• Long Term Lease – Approximately 15 years remain on the existing lease term, providing passive cash flow and long-term investment stability.