This NNN Popeyes Investment is located in Middleburg, Florida and features a freestanding quick-service restaurant secured by an absolute NNN lease. The property is 100% occupied and supported by a 15-year lease term that began in 2018, offering investors reliable, long-term passive income with zero landlord responsibilities. Fee simple ownership and scheduled rent increases enhance the durability and predictability of cash flow.

The property is positioned along Middleburg’s primary commercial corridor, benefiting from strong visibility, easy access, and consistent daily traffic. Surrounded by established residential neighborhoods, schools, and retail services, the location is well suited to capture repeat customer demand in a steadily growing suburban market within the greater Jacksonville area.

The tenant is a well-established Popeyes franchise operator with a large national footprint. Popeyes continues to be one of the fastest-growing quick-service restaurant brands in the U.S., supported by strong brand recognition and system-wide expansion. The combination of brand strength, experienced operations, and a long-term absolute NNN lease makes this asset a compelling net lease investment opportunity.

Investment Highlights

• Absolute NNN Lease
  Tenant is responsible for taxes, insurance, maintenance, and all operating expenses, delivering a truly hands-off investment structure.
• Long-Term Lease Security
  Approximately 7.5+ years remain on the initial lease term, with five (5) additional 5-year renewal options extending potential income well into the future.
• Built-In Rent Growth
  Lease includes 10% rent increases every five years, providing consistent income growth and protection against inflation.
• Prime Retail Corridor
  Located along Middleburg’s dominant commercial corridor with strong traffic counts, excellent visibility, and proximity to dense residential development.
• Strong QSR Brand
  Popeyes is a nationally recognized quick-service restaurant brand with continued unit growth and strong consumer demand across Florida and the Southeast.