402 E Main St | Apopka, FL 32703
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- LoopNet Team
402 E Main St
Apopka, FL 32703
Popeyes · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN lease with 10% rental increases every five (5) years
- Absolute NNN lease requires no landlord management, including all maintenance responsibilities - ideal for both local and out-of-area investors
- Popeyes is the world’s second-largest quick-service chicken concept, with 3,771+ units
- Four (4) extension periods of five (5) years each, providing a strong long-term investment opportunity
- Leased to Sailormen, Inc., a strong and expanding operator with 150+ units
- Popeyes opened 146 new restaurants in the U.S. over the past year and approximately 200 globally despite the pandemic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,275 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.69 AC
Zoning
C-2, Apopka
Parking
28 Spaces (8.55 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 10-2128-7800-03-010 | Improvements Assessment | $848,616 |
| Land Assessment | $740,200 | Total Assessment | $1,588,816 |
PROPERTY TAXES
Parcel Number
10-2128-7800-03-010
Land Assessment
$740,200
Improvements Assessment
$848,616
Total Assessment
$1,588,816
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