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Popeyes | 17.5yr Abs NNN | 63-unit Operator 5478 Highway 280 2,580 SF Retail Building Harpersville, AL 35078 $1,244,000 ($482.17/SF) 6.75% Cap Rate

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INVESTMENT HIGHLIGHTS

17.5+ Years Remaining | 10% Rental Increases Every 5 Years | Established Brand & Operator
Near Signalized, Hard Corner Intersection | Nearby School | National/Credit Tenant Presence

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Popeyes investment property located in Harpersville, Alabama. The tenant, AIM QSR, LLC, has 17.5+ years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Popeyes is a subsidiary of Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with more than $40 billion in annual system-wide sales and over 30,000 restaurants in more than 100 countries.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,580 SF

Building Class

Year Built

2020

Price

$1,244,000

Price Per SF

$482.17

Cap Rate

6.75%

NOI

$84,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.06

Lot Size

1.02 AC

Zoning

B-1

Parking

41 Spaces (15.89 Spaces per 1,000 SF Leased)

Frontage

150’ on U.S. 280

Dedicated Turn Lane
Freeway Visibility

Pylon Sign
Restaurant

Signage

Drive Thru

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

Founded in 1972, the Popeyes brand has decades of history and culinary tradition. Popeyes owes their beginnings to entrepreneur and culinary innovator, Al Copeland. With one small restaurant and a big idea, Copeland introduced the New Orleans–style fried chicken that has now made the brand famous throughout the world. Their culinary heritage is built upon the rich Cajun and creole flavor profiles that are unmistakably Louisiana. They continuously draw upon and celebrate this heritage to inspire new, authentic menu creations the world craves. Popeyes distinguishes themselves with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp and other regional items. This unique and flavorful food has allowed Popeyes to become one of the world’s largest chicken quick service restaurants, with restaurants in the U.S. and around the world. Their history combined with great food, service and quality makes Popeyes restaurants genuine Louisiana Legends.

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
	Accommodation and Food Services	99,999 SF	$9.99	Lorem Ipsum		Jan 0000

PROPERTY TAXES

Parcel Number	07-8-28-3-001-009-000	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$231,640

PROPERTY TAXES

Parcel Number

07-8-28-3-001-009-000

Land Assessment

Improvements Assessment

Total Assessment

$231,640

(949) 506-2012

CONTACTS

Gary Chou
Matt Coates
Calvin Short
Aron Cline
SRS National Net Lease

Listing ID: 38438838
Date on Market: 11/13/2025
Last Updated:
Address: 5478 Highway 280, Harpersville, AL 35078

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5478 Highway 280, Harpersville, AL for sale Building Photo- Image 1 of 9 — Harpersville AL - Popeyes

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