Popeye’s – Leasehold Interest (Building Only)
Absolute Net Popeyes Leasehold Opportunity | Regional Retail Hub Near Vance AFB
Investment highlights
8.00% CAP RATE ABSOLUTE-NET LEASEHOLD INTEREST - Passive Leasehold Investment Structure With Zero Landlord Responsibilities; Tenant Responsible For All Operating Expenses Including Ground Rent
REGIONAL RETAIL CORRIDOR ANCHORED BY NATIONAL TENANTS - Surrounding Retailers Include Walmart Supercenter, Lowe’s, Starbucks, Harbor Freight, Walgreens, T.J. Maxx, Homeland Grocery And Atwoods Ranch & Home
LARGE 1.09-ACRE PARCEL WITH DRIVE-THRU CONFIGURATION | 2.5% ANNUAL RENT INCREASES - Lease Features Fixed Annual Rent Escalations Throughout The Remaining Primary Term And Throughout All Option Periods
HIGH-VISIBILITY CORRIDOR (21,000 VPD) - Positioned On Enid’s Dominant Retail Thoroughfare With Direct Access To National Retailers, Restaurants, Hotels And Daily Commuter Traffic Freestanding 2,565 SF Restaurant Situated On 27,698 SF With Dedicated Parking, Drive-Thru Infrastructure And Multiple Points Of Ingress/ Egress
VANCE AIR FORCE BASE ENID’S LARGEST ECONOMIC DRIVER - Vance AFB Supports Approximately 2,600 Military And Civilian Personnel And Generates An Estimated $739M Annual Economic Impact Across The Region
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