Popeyes - Absolute Net (NNN) - Ellenton FL
Large Operator QSR | 5.70% CAP | 2,265 SqFt
Marketing description
We are pleased to present the opportunity to acquire a freestanding Popeyes Louisiana Kitchen operated by Sailormen, Inc., one of the largest and most established Popeyes franchisees in the system. The property is situated on a 0.96-acre fee simple parcel with 165 feet of frontage along U.S. Highway 301, a major north–south thoroughfare carrying 34,000 vehicles per day.
The 2,265-square-foot building, constructed in 2019, represents Popeyes’ modern prototype and has been operated successfully by Sailormen since opening. The absolute NNN lease provides long-term passive income backed by a seasoned multi-unit operator with decades of experience and a strong presence across multiple states. The combination of new construction, a highly recognizable national brand, and fully passive lease structure positions the asset as a stable and durable investment.
Situated along a rapidly developing corridor, the property benefits from strong visibility, convenient access, and proximity to expanding residential communities and commercial demand drivers. The surrounding market continues to grow with new housing under development, increasing the consumer base and reinforcing long-term stability for this high-performing Popeyes location.
Investment highlights
Strong Growth Market - Approximately 10,000 New Homes Under Construction
Near Ellenton Premium Outlets - A High-Performing Retail Destination with 130+ National Tenants
Long Term Absolute NNN Lease – Zero Landlord Responsibilities; Fully Passive Investment
Fee Simple Ownership – 100% Fully Depreciable Real Estate
Operated By Sailormen Inc – 130 Unit Popeyes Franchisee
10% Rent Increases - At Each Scheduled Bump
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