174 E DYKES ST Cochran GA 31014-6513

Located at the signalized 4-way intersection of East Dykes Street and 6th Street Southeast, the property is passed by more than

12,000 vehicles per day. The site boasts excellent visibility and convenient proximity to U.S. Highway 23, a major north-south

highway that runs from Mackinaw City, Michigan to Jacksonville, Florida. The property is located in Cochran’s primary retail

corridor, with many national tenants in close proximity, including CVS, Subway, McDonald’s, Captain D’s, Dollar Tree, Citizen’s

Bank, Circle K, Advance Auto, O’Reilly Auto Parts and many more. There are two hotels within two blocks of the property and

more than 3,100 students at several area schools within a mile of the site.

The property is operated by Tar Heels Spice, a 16-unit franchisee, and the lease is guaranteed by Sailormen, the third largest

franchisee in the Popeyes system, with more than 130 Popeyes locations throughout the southeastern US.

• ABSOLUTE NET LEASE WITH NO LANDLORD RESPONSIBILITIES

• GUARANTEED BY SAILORMEN, POPEYES’ 3RD LARGEST FRANCHISEE

• 18 YEARS OF REMAINING LEASE TERM PLUS (4) 5-YEAR OPTIONS

• SCHEDULED 10% RENT INCREASES EVERY 5 YEARS AND AT THE START OF EACH OPTION

• BRAND NEW BUILDING BUILT IN LATE 2022

• LOCATED AT A SIGNALIZED HARD CORNER WITH MULTIPLE POINTS OF INGRESS & EGRESS

• 1,930 SF BUILDING ON A 1.00 ACRE LOT

• TRAFFIC COUNTS OF 12,000+ VEHICLES PER DAY

• WITHIN WALKING DISTANCE OF SEVERAL SCHOOLS, WITH A COMBINED STUDENT POPULATION OF MORE THAN 3,100 STUDENTS