

Popeyes | Absolute NNN Lease
#2 Largest Popeyes Franchisee | 25 Min to Tallahassee
Marketing description
Long-Term Absolute NNN Lease
10% Rental Increases Every 5 Years
#2 Largest U.S. Popeyes Franchisee
130+ Locations | 2,200+ Employees
Main Thoroughfare
U.S. Highway Location
On the “Going-to-Work” Side
Within 25 Min of Tallahassee
Strong Retail Synergies
Adjacent to the Only Walmart Supercenter Within 20 Miles
$110,000+ Average Household Income
Situated Amongst Rooftops & All Local Schools
Investment highlights
Long-Term Absolute NNN Lease | 10% Rental Increases | Established Popeyes Franchisee
The Property is subject to a long-term Absolute NNN lease, which provides for attractive 10% rental increases and zero landlord responsibilities.
The store is operated by one of the largest Popeyes franchisees in the system with over 130+ locations and more than 2,200 employees.
Major US Highway Location | 25 Min to Tallahassee
The Property is strategically situated along U.S. Highway 319 locally known as Crawfordville Highway 287, the only major north/south thoroughfare in the area and which is used by both residents and those traveling from U.S. Highway 98.
Tallahassee is less than 25 minutes away and is directly accessible via U.S. Hwy 319. Tallahassee is home to the largest area employers and almost all of Callaway’s residents are likely to pass by the Property when travelling to and from the state capital.
The Property features ingress and egress on U.S. Hwy 319 as well as cross easement access via neighboring Waffle House and Hungry Howie's Pizza & Subs locations.
Prime Positioning on Main Retail Corridor | Consistent Traffic Flow
The Property is situated amongst the vast majority of Crawfordville’s national retailers, further lending to the Property’s prime positioning and ensuring consistent traffic flow.
Neighboring retailers and national users include Walmart Supercenter, Publix, ALDI, Whistle Express Car Wash, Tractor Supply, Starbucks, and more.
Strong Average Household Income | Situated Amongst Rooftops | Local Schools
The Property benefits from being in close proximity to numerous multi-family and single-family communities. In addition, area residents boast average household incomes exceeding $100,000 within a 1-, 3-, and 5-mile radius, providing for greater disposable income. Within 5 minutes of the Property are The Cypress at Wesley Park (71 multi-family units), Hamptons of Wakulla (100 multi-family units), Summerfield by D.R Horton (184 single-family homes), Misting Springs by D.R Horton (228 single-family homes), and many others.
The Property is within 15 minutes of all local Crawfordville schools which include Shadeville Elementary (648 students), Crawfordville Elementary (659 students), Riversprings Middle (529 students), and Wakulla High (1,386 students), in addition to numerous others.
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