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