Popeyes Chicken & Biscuits 524 Atlantic Blvd

Investment Highlights

Brand New 20 Year Lease Recast on Store With 30+ Years of Operational History Attractive 10% Rental Increase Every 5 Years Through Primary And Options Trophy Real Estate in Neptune Beach Located on Publix Outparcel with High Barrier to Entry Absolute NNN Requiring Zero Landlord Responsibilities Extremely Dense 5-Mile Demographics With 114,400+ Residents Affluent Community With an Average Household Income of $124,900+ Within a 5-Mile Radius

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Popeyes in Neptune Beach, FL. The subject property has a brand new 20 year lease recast on store with 30+ years of operational history and has an attractive 10% rental increase to occur every 5 years throughout primary and options period.Broker of Record: Brian BrockmanBang Realty-Naples Inc | FL #BK3327646bor@bangrealty.com | (513) 898-1551

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Storefront Fast Food
• Building Size    2,387
• Building Class    C
• Year Built/Renovated    1983/2014
• Price    2,811,880
• Price Per SF    1,178
• Cap Rate    5
• NOI    140,594
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.09
• Land Acres    0.64 AC

• Pylon Sign
• Drive Thru