Popeyes Louisiana Kitchen NNN Property For Sale — Charlotte, NC · 2,400 SF · $2.48M
Charlotte, NC 28213
Brand new 2021 construction Popeyes Louisiana Kitchen featuring a 20-year absolute NNN lease with zero landlord responsibilities. The lease includes attractive 1.5% annual rental increases throughout the base term and four 5-year renewal options, offering a strong hedge against inflation. The property occupies a 1.10-acre site along University City Boulevard in Charlotte, North Carolina. The lease is guaranteed by Leblon Franchising Holdings, an experienced multi-unit franchisee operator with a strong operational and development track record.
- Address: Charlotte, NC 28213
- Asking price $2.48M
- 5.25% cap rate
- NOI $130,000
- 14.3 years remaining
- NNN lease
- Year built: 2021
- Building size: 2,400 SF
- Lot size: 1.10 acres
- Lease expiration: Feb 28, 2041
- Rent increases: 1.5% annually
- Guarantor: Corporate
Location
This Popeyes Louisiana Kitchen property is in Charlotte, North Carolina.
Asset type: QSR