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Popeyes 1060 Homer Rd 2,305 SF Retail Building Minden, LA 71055 $2,913,584 CAD ($1,264.03 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Demographics Supporting Value-Oriented QSR
- Strong EBITDAR Coverage
- Nearby Schools and Education-Based Demand
- Dominant Retail Hub
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 1060 Homer Road, Minden, LA 71055. The site consists of roughly 2,305 rentable square feet of building space on an estimated .78-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $139,200 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,305 SF
Building Class
C
Year Built
2025
Price
$2,913,584 CAD
Price Per SF
$1,264.03 CAD
Cap Rate
6.50%
NOI
$189,383 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.78 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 114973.A | Improvements Assessment | $123,821 CAD |
| Land Assessment | $30,140 CAD | Total Assessment | $153,961 CAD |
Property Taxes
Parcel Number
114973.A
Land Assessment
$30,140 CAD
Improvements Assessment
$123,821 CAD
Total Assessment
$153,961 CAD
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Popeyes | 1060 Homer Rd
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