Popeyes NNN — Sarasota, FL

Updated August 20, 2026

$3,646,000 · 5.35% CAP · 17.8 YRS

Sarasota Popeyes is a 2,330-SF Absolute NNN at $3,646,000, 5.35% cap, with 17.8 years still on the clock. Five-year marks lift rent 10% against $195,047 of NOI.

Lease Abstract

Price

$3,646,000

Cap rate

5.35% CAP

NOI

$195,047

Term remaining

17.8 YRS

Lease type

Absolute NNN

Increases

10% every 5 years

Building

2,330 SF

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

2,330 SF building. $1,565/SF asking, $83.71/SF NOI. Rent increases: 10% every 5 years. Primary term ends around 2044 (17.8 yrs left at listing, Aug 2026).

Location

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