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Popeyes | NNN | Annual Increases 3100 Prospect Ave 2,368 SF Retail Building Kansas City, MO 64128 $1,533,000 ($647.38/SF) 6% Cap Rate
Investment Highlights
- Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Outparcel to Sun Fresh Market Anchored Center |Dense Retail Corridor
- NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• 2+ years remaining with 2 (5-year) option periods to extend
• The lease features 2.25% annual rental increases throughout the remainder of the initial term and FMV increases throughout each option period
Property Facts
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Popeyes is a global quick-service restaurant brand focused on Louisiana-style fried chicken and related menu offerings. The company was founded in 1972 in the New Orleans suburb of Arabi, Louisiana, by entrepreneur Alvin C. Copeland Sr. Originally operating as “Chicken on the Run,” the concept was rebranded as Popeyes after introducing a spicier Cajun-influenced recipe that differentiated it from national competitors. Popeyes expanded through franchising beginning in the mid-1970s and established itself as a leading chicken-focused quick-service brand in the United States before expanding internationally.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-740-02-13-00-0-00-000 | Improvements Assessment | $449,440 |
| Land Assessment | $12,032 | Total Assessment | $461,472 |
Property Taxes
Presented by
Popeyes | NNN | Annual Increases | 3100 Prospect Ave
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