Popeyes
Retail | 6.35% CAP | 2,695 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Popeyes located at 707 Boll Weevil Circle, Enterprise, AL 36330. The site consists of roughly 2,695 rentable square feet of building space on an estimated .17-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $110,930 and has scheduled increases of 2.00 % Annually.
Investment highlights
Demographics Supporting Long-Term QSR Demand | The trade area demonstrates strong and growing fundamentals with approximately 29,644 residents within 3 miles, 39,357 within 5 miles, and 59,716 within 10 miles as of 2024, all projected to increase through 2029. Average household incomes are well above national averages, ranging from $77,333 within 3 miles to $79,184 within 5 miles, supporting sustained consumer spending and long-term demand for quick-service dining within the Boll Weevil Circle corridor.
Strong EBITDAR Coverage | The site generates strong unit-level EBITDAR relative to rent, providing strong rent coverage and supporting long-term lease performance. This level of coverage reflects a healthy operating business and provides a meaningful cushion to service rental obligations. Contact broker for details.
Nearby Schools and Education-Based Demand | The property benefits from proximity to multiple Enterprise-area public schools within the Coffee County School System, which serves approximately 8,000 – 9,000 students districtwide supported by over 1,100 faculty and staff. Nearby elementary, middle, and high schools generate consistent weekday traffic from students, parents, and school employees, reinforcing steady daytime and early evening demand along the Boll Weevil Circle corridor.
Enterprise’s Dominant Retail Node | Located within the city’s primary shopping corridor anchored by Walmart Supercenter, the area includes ALDI, TJ Maxx, Ross Dress for Less, Dollar Tree, Bealls Outlet, Chick - fil-A, Taco Bell, KFC, Burger King, Sonic, Domino’s, Ollie’s, and Harbor Freight, driving consistent daily traffic.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?










