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Popeyes 135 Richard Zuber Trwy 1,904 SF Retail Building Jonesboro, LA 71251 $1,966,457 ($1,032.80/SF) 6.35% Cap Rate
Investment Highlights
- Surrounded by Recognized National and Regional Brands
- Strong EBITDAR Coverage
- Nearby Schools and Education-Based Demand
- High-Visibility Frontage Along Primary Commercial Corridor
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 135 Richard Zuber Thruway, Jonesboro, LA 71251. The site consists of roughly 1,904 rentable square feet of building space on an estimated .77-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 $100,000 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,904 SF
Building Class
C
Year Built
2025
Price
$1,966,457
Price Per SF
$1,032.80
Cap Rate
6.35%
NOI
$124,870
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.77 AC
Property Taxes
| Parcel Number | 010-5025890A | Improvements Assessment | $79,340 |
| Land Assessment | $15,000 | Total Assessment | $94,340 |
Property Taxes
Parcel Number
010-5025890A
Land Assessment
$15,000
Improvements Assessment
$79,340
Total Assessment
$94,340
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Popeyes | 135 Richard Zuber Trwy
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