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More details for 809 Highway 51 N, Covington, TN - Retail for Sale

Popeyes | Abs NNN | Drive-Thru Equipped - 809 Highway 51 N

Covington, TN 38019

  • NNN Property
  • Retail for Sale
  • $1,953,106 CAD
  • 3,208 SF

Covington Retail for Sale - Tipton County

• More than 12 years of remaining primary term with two (2) 5-year renewal options, providing stable in-place income and long-term extension potential • 10% rental increases every 5 years during the primary term and at the beginning of each option period support NOI growth and provide a hedge against inflation • The tenant, Popeyes Louisiana Kitchen, Inc., is a corporate entity for Popeyes, one of the world’s largest chicken QSR brands with more than 5,000 locations • The property features drive-thru infrastructure, promoting efficient customer flow and supporting tenant performance

Contact:

SRS National Net Lease

Property Subtype:

Fast Food

Date on Market:

2026-06-01
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