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Popeyes - Absolute Net (NNN) - Ellenton FL 3707 US Highway 301 N 2,265 SF Retail Building Ellenton, FL 34222 $3,583,635 CAD ($1,582.18 CAD/SF) 6% Cap Rate

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Investment Highlights

Long Term Absolute NNN Lease – Zero Landlord Responsibilities; Fully Passive Investment
Strong Growth Market - Approximately 10,000 New Homes Under Construction

Operated By Sailormen Inc – 130 Unit Popeyes Franchisee
34,000+ Vehicles Per Day – High Visibility And Consistent Traffic Exposure

Executive Summary

We are pleased to present the opportunity to acquire a freestanding Popeyes Louisiana Kitchen operated by Sailormen, Inc., one of the largest and most established Popeyes franchisees in the system. The property is situated on a 0.96-acre fee simple parcel with 165 feet of frontage along U.S. Highway 301, a major north–south thoroughfare carrying 34,000 vehicles per day.
The 2,265-square-foot building, constructed in 2019, represents Popeyes’ modern prototype and has been operated successfully by Sailormen since opening. The absolute NNN lease provides long-term passive income backed by a seasoned multi-unit operator with decades of experience and a strong presence across multiple states. The combination of new construction, a highly recognizable national brand, and fully passive lease structure positions the asset as a stable and durable investment.
Situated along a rapidly developing corridor, the property benefits from strong visibility, convenient access, and proximity to expanding residential communities and commercial demand drivers. The surrounding market continues to grow with new housing under development, increasing the consumer base and reinforcing long-term stability for this high-performing
Popeyes location.

MM Popeyes Ellenton 8 Year Absolute Net (NNN) Lease

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,265 SF

Year Built

2019

Price

$3,583,635 CAD

Price Per SF

$1,582.18 CAD

Cap Rate

NOI

$215,018 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

0.96 AC

Zoning

GC - General Comercial

Parking

25 Spaces (12.8 Spaces per 1,000 SF Leased)

Restaurant

Signage

Drive Thru

Major Tenants

Accommodation and Food Services
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-
Triple Net
-

Fondée en 1972, la marque Popeyes a des décennies d'histoire et de tradition culinaire. Popeyes doit ses débuts à l'entrepreneur et innovateur culinaire, Al Copeland. Avec un petit restaurant et une grande idée, Copeland a présenté le poulet frit à la Nouvelle-Orléans qui a fait la renommée de la marque dans le monde entier. Leur héritage culinaire repose sur les riches profils de saveurs cajuns et créoles qui sont sans aucun doute la Louisiane. Ils s'appuient continuellement sur cet héritage et le célèbrent pour inspirer de nouvelles créations de menus authentiques dont le monde entier a besoin. Popeyes se distingue par un menu unique à la Nouvelle-Orléans composé de poulet épicé, de filet de poulet, de crevettes frites et d'autres plats régionaux. Cette nourriture unique et savoureuse a permis à Popeyes de devenir l'un des plus grands restaurants à service rapide de poulet au monde, avec des restaurants aux États-Unis et dans le monde entier. Leur histoire combinée à une excellente cuisine, un service et une qualité font des restaurants Popeyes de véritables légendes de la Louisiane.