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Popeyes Louisiana Chicken | Long Term Abs NNN 2350 Miracle Mile 2,357 SF 4-Star Retail Building Bullhead City, AZ 86442 $3,348,480 CAD ($1,420.65 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN: zero landlord responsibilities
- Long term primary lease - 20 years remaining
- New construction prototype - 2022 completion
- Attractive 2.5% annual rent increases
EXECUTIVE SUMMARY
Presenting a premier single-tenant investment featuring Popeyes Louisiana Kitchen, located at 2350 Miracle Mile, Suite 150, Bullhead City, AZ. The property comprises a brand-new ±2,357 SF building on 0.78 acres with an Absolute NNN lease, offering zero landlord responsibilities and a fully passive income stream.
The lease provides 20 years of term with four 5-year options and 2.5% annual rent increases, secured by a personal guaranty from the franchisee. Strategically positioned within Bullhead City’s central retail corridor, the site is surrounded by national tenants such as CVS, Big Lots, Ace Hardware, Rent-A-Center, and C-A-L Ranch, driving strong traffic and visibility.
As a Top 25 QSR brand, Popeyes operates 4,300+ locations across 35 countries with over $5.7 billion in annual systemwide sales, underscoring its strong market presence and performance.
This asset offers investors a long-term, low-maintenance opportunity backed by a leading national restaurant in a high-growth Arizona market.
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- $85.22 CAD
- Triple Net
- Oct 2045
Founded in 1972, the Popeyes brand has decades of history and culinary tradition. Popeyes owes their beginnings to entrepreneur and culinary innovator, Al Copeland. With one small restaurant and a big idea, Copeland introduced the New Orleans–style fried chicken that has now made the brand famous throughout the world. Their culinary heritage is built upon the rich Cajun and creole flavor profiles that are unmistakably Louisiana. They continuously draw upon and celebrate this heritage to inspire new, authentic menu creations the world craves. Popeyes distinguishes themselves with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp and other regional items. This unique and flavorful food has allowed Popeyes to become one of the world’s largest chicken quick service restaurants, with restaurants in the U.S. and around the world. Their history combined with great food, service and quality makes Popeyes restaurants genuine Louisiana Legends.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | $85.22 CAD | Triple Net | Oct 2045 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 220-35-004 | Improvements Assessment | $970,218 CAD |
| Land Assessment | $324,212 CAD | Total Assessment | $1,294,430 CAD |
PROPERTY TAXES
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Popeyes Louisiana Chicken | Long Term Abs NNN | 2350 Miracle Mile
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