Listed by Stream Capital Partners
$1,920,000
Popeyes
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,526
Cap Rate 6.25%
NOI $120,000
Tenancy Single
Brand/Tenant Burger King, McDonald's
Lease Type Absolute NNN
Lease Term 20
Lease Options 4, Five-year options
Year Built 1986
Acreage 0.500
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Ground Lease No
20 Year Abs NNN Popeyes - Columbus, GA
Investment highlights
- ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure with full responsibility for taxes, insurance, maintenance, and repairs, providing passive ownership and stable cash flow.
- BUILT-IN INFLATION HEDGE: Lease features rare 15% rental increases every five years, providing strong income growth and protection against inflation over the lease term.
- STRONG OPERATING HISTORY: Tenant has successfully operated at this location for over 20 years and recently signed a Franchise agreement extension, demonstrating a long-term commitment to the site and continued confidence in the location.
- STRONG TRAFFIC EXPOSURE: Property benefits from exceptional visibility and accessibility along a major corridor with approximately 20,500 VPD.
- FORT BENNING ECONOMIC DRIVER: Fort Benning is one of the largest U.S. Army installations in the country and serves as the primary economic driver for the Columbus, GA. The base supports approximately 35,000 military and civilian personnels. As the home of the U.S. Army Maneuver Center of Excellence, Fort Benning provides a highly stable demand driver for housing, retail, healthcare, and service-sector growth throughout the market.
- DENSE DAYTIME POPULATION: The surrounding 3-mile trade area supports a daytime population exceeding 106,000 people, creating significant demand drivers for drive-thru and quick-service retail users.
- PROJECT RUBY WORKFORCE: Project Ruby is located on nearly 900 acres in northeastern Muscogee County (Upatoi). While the data center itself is tucked away for security, its 1,500+ construction workers will use major arteries like Wynnton Road to access the city’s core services. This property’s existing drive-thru is perfectly positioned to capture high-volume “grab-and-go” revenue from this multi-year workforce influx.
- HEALTHCARE CORRIDOR LOCATION: Strategically located just over one mile from Piedmont Columbus Regional, capturing steady 24/7 traffic from healthcare professionals, patients, and visitors.
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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Zoning
NC CommercialNeighborhood CommercialNeighborhood Commercial
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View all 219 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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