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8416-8420 Sudley Rd 3,915 SF Retail Building Manassas, VA 20109 $5,269,875 CAD ($1,346.07 CAD/SF) 6.54% Cap Rate
Investment Highlights
- This Popeyes location generates sales nearly double the national franchisee median, placing it well into the top tier of performers systemwide
- Guaranteed by P.W. Chickens Corp, a proven multi-unit Popeyes franchisee operating 150 locations
- No landlord responsibilities
- Demonstrated long-term commitment to the brand and site
- Ideal, management-free investment for a passive 1031 buyer
Executive Summary
Marketing description
Popeyes Louisiana Kitchen is a globally recognized quick-service restaurant (QSR) brand renowned for its distinctive Louisiana-style fried chicken, spicy flavor profile and strong consumer appeal. Founded in 1972 in Arabi, Louisiana, Popeyes has evolved into the second-largest quick-service chicken concept worldwide and now operates as part of Restaurant Brands International Inc. (RBI), one of the largest restaurant holding companies globally. With a predominantly franchised model, Popeyes benefits from broad geographic diversification, strong brand resonance, and an accelerated growth trajectory — factors that underscore its attractiveness for retail and net-lease investors seeking creditworthy tenants in the quick-service segment.
Popeyes Louisiana Kitchen is a globally recognized quick-service restaurant (QSR) brand renowned for its distinctive Louisiana-style fried chicken, spicy flavor profile and strong consumer appeal. Founded in 1972 in Arabi, Louisiana, Popeyes has evolved into the second-largest quick-service chicken concept worldwide and now operates as part of Restaurant Brands International Inc. (RBI), one of the largest restaurant holding companies globally. With a predominantly franchised model, Popeyes benefits from broad geographic diversification, strong brand resonance, and an accelerated growth trajectory — factors that underscore its attractiveness for retail and net-lease investors seeking creditworthy tenants in the quick-service segment.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,915 SF
Building Class
B
Year Built
1986
Price
$5,269,875 CAD
Price Per SF
$1,346.07 CAD
Cap Rate
6.54%
NOI
$344,512 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.62 AC
Zoning
B1
Parking
15 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
52’ on Sudley Rd
Amenities
- Signalized Intersection
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7696-85-1493 | Improvements Assessment | $988,769 CAD |
| Land Assessment | $740,453 CAD | Total Assessment | $1,729,222 CAD |
Property Taxes
Parcel Number
7696-85-1493
Land Assessment
$740,453 CAD
Improvements Assessment
$988,769 CAD
Total Assessment
$1,729,222 CAD
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8416-8420 Sudley Rd
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