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3877 Eastgate Blvd
Easton, PA 18045
Popeyes · Retail Property For Sale


Investment Highlights
- SIGNALIZED CORNER LOCATION OFF PA-33 (63,000 VPD)
- LONG TERM LEASE (19+ YEARS) WITH 10% RENTAL INCREASES
- ALLENTOWN MSA / COUNTY SEAT LOCATION
- LARGER PARCEL SIZE WITH FUTURE OPTIONALITY
- NEW 2026 CONSTRUCTION – NNN GROUND LEASE
- DENSELY POPULATED, AFFLUENT AREA
Executive Summary
Forged Real Estate exclusively offers the fee simple interest in a single-tenant Popeyes Louisiana Kitchen property in Easton, Pennsylvania. Currently under construction with an anticipated April 2026 opening, the asset is secured by a triple-net (NNN) ground lease that commenced June 2, 2025, with 19+ years remaining and 10% rent increases every five years, providing stable, passive income and long-term growth.
The location is operated by AR Group of Restaurants, Inc., a seasoned franchisee with 130+ Popeyes, Taco Bell, and Dunkin’ units across the Mid-Atlantic. The property sits on a 1.41-acre parcel at the signalized intersection of Eastgate Blvd and Easton–Nazareth Hwy (PA-248), near PA-33, offering strong visibility, 15,000+ VPD, a drive-thru, and excess land for future flexibility. The 5-mile trade area includes approximately 131,000 residents and affluent demographics, with average household incomes exceeding $126,000.
Founded in 1972 and acquired in 2017 by Restaurant Brands International, Popeyes operates 3,500+ locations across the U.S. and Canada, backed by one of the world’s largest QSR platforms with 33,000+ restaurants globally.
The location is operated by AR Group of Restaurants, Inc., a seasoned franchisee with 130+ Popeyes, Taco Bell, and Dunkin’ units across the Mid-Atlantic. The property sits on a 1.41-acre parcel at the signalized intersection of Eastgate Blvd and Easton–Nazareth Hwy (PA-248), near PA-33, offering strong visibility, 15,000+ VPD, a drive-thru, and excess land for future flexibility. The 5-mile trade area includes approximately 131,000 residents and affluent demographics, with average household incomes exceeding $126,000.
Founded in 1972 and acquired in 2017 by Restaurant Brands International, Popeyes operates 3,500+ locations across the U.S. and Canada, backed by one of the world’s largest QSR platforms with 33,000+ restaurants globally.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$2,381,000
Price Per SF
$952.40
Cap Rate
5.25%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.41 AC
Zoning
C
Parking
24 Spaces (9.6 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | K8-9-6-0418 | Improvements Assessment | $0 |
| Land Assessment | $43,700 | Total Assessment | $43,700 |
Property Taxes
Parcel Number
K8-9-6-0418
Land Assessment
$43,700
Improvements Assessment
$0
Total Assessment
$43,700
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