Popeyes Real Estate Investment in Hialeah Gardens, FL

$2,975,000.00
Sale
13912 Property ID
3,087 SqFt Size

Description

We are pleased to present a prime Popeyes real estate investment opportunity in Hialeah Gardens, FL. The property features a 3,087 square foot building on a 23,392 SF parcel, secured by a new 20-year absolute NNN lease with Popeyes Louisiana Kitchen. Backed by an experienced franchisee with over 33 years in the brand, this offering provides a stable, long-term income stream with 10% rental increases every five years.

Strategically located near major retail anchors including BJ’s Wholesale Club and Walmart Supercenter, the property benefits from excellent visibility, high traffic counts, and a dense population of nearly 200,000 residents within a three-mile radius. This combination of strong brand presence, favorable lease terms, and prime location makes it a compelling investment opportunity.

Investment Highlights

  • 20-Year Absolute NNN Lease – Zero Landlord Responsibilities
  • Popeyes Franchisee with 33+ Years of Experience
  • Building Recently Renovated & Reimaged
  • Excellent Access & Visibility – Over 64,000 Vehicles Per Day
  • Dense Trade Area – 195,000+ Residents Within 3 Miles
  • Outparcel to BJ’s & Adjacent to a Top-Performing Walmart Supercenter

Address

Open on Google Maps

Overview

  • Property ID 13912
  • Price $2,975,000.00
  • Property Type ,
  • Property status
  • Year Built 2003
  • Size 3,087 SqFt
  • Investment Type Net Lease
  • Lease Type Absolute NNN
  • Brand/Tenant Popeyes
  • Lease Commencement 01/01/2024
  • Remaining Term 18.3 years
  • Net Rentable (SqFt) 3,087
  • Cap Rate 5.00%
  • NOI $148,750
  • Year Renovated 2023
  • Stories 1
  • Parking (spaces) 27
  • Broker Co-Op Yes
  • Lease Options 2 Five Year Options
  • Ownership Fee Simple
  • Sub Type QSR/Fast Food
  • Investment Sub Type Net Leased Restaurant
  • Tenancy Single
  • Lease Term 20 years
  • Lease Expiration 12/31/2043
  • Square Footage 3,087
  • Price per SqFt $963.72
  • Occupancy 100%
  • Buildings 1
  • Lot Size (acres) 0.54
  • Rent Bumps 10% Every 5 Years
  • APN 27-3003-042-0010
  • Ground Lease No

Contact

Cynthia Hill

Property Agent

Other Properties
Please enter your Name!
Please enter your Phone!
Please enter your valid Email!
Please enter your Message!