Popeyes NNN — Akron, OH

Updated July 18, 2026

$1,500,000 · 6.00% CAP · 20 YRS

Popeyes sale-leaseback in Akron: a new 20-year NNN lease from a 13-unit franchisee, escalating 10% every five years. An upcoming remodel will update the 1979-vintage building.

Lease Abstract

Price

$1,500,000

Cap rate

6.00% CAP

NOI

$90,000

Term remaining

20 YRS

Lease type

NNN

Increases

10% every 5 years

Options

4 x 5 Years

Guarantee

Franchisee

Building

2,520 SF

Lot

0.21 AC

Year built

1979

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

2,520 SF building, built 1979, 0.21 acres of land. $595/SF asking, $35.71/SF NOI. Rent increases: 10% every 5 years. Renewal options: 4 x 5 Years. Franchisee guarantee. Primary term ends around 2046 (20 yrs left at listing, Jul 2026).

Location

Akron, Ohio. Full address and offering memorandum released on request — see our Popeyes tenant guide and the Ohio market page for the underwriting context.