Popeyes
Retail | 6.35% CAP | 1,904 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Popeyes located at 135 Richard Zuber Thruway, Jonesboro, LA 71251. The site consists of roughly 1,904 rentable square feet of building space on an estimated .77-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 $100,000 and has scheduled increases of 2.00 % Annually.
Investment highlights
Surrounded by Recognized National and Regional Brands | The property is located within Jonesboro’s primary retail corridor and is surrounded by established national and regional tenants including Brookshire’s, AutoZone, Burger King, Circle K, Sonic, Subway, McDonald’s, Dollar General, Family Dollar, and O’Reilly Auto Parts. This concentration of grocery, fuel, automotive, and quick -service users reinforces the corridor as the area’s dominant daily-needs destination and supports consistent traffic throughout the day.
Nearby Schools and Education-Based Demand | The site is located near Jonesboro-Hodge High School, which serves approximately 600 students in grades 9–12, along with faculty and staff. Additional Jackson Parish public schools in the surrounding area further contribute to weekday traffic from students, parents, and school employees, reinforcing reliable daytime and early evening demand along the Richard Zuber Thruway 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.
High-Visibility Frontage Along Primary Commercial Corridor | The property is positioned along Richard Zuber Thruway, Jonesboro’s primary east–west commercial corridor, carrying approximately 12,000 vehicles per day, with additional exposure from nearby Jimmie Davis Boulevard at roughly 6,000 vehicles per day. This location provides strong frontage, convenient ingress/egress, and consistent daily commuter and retail traffic.
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