716 Lake Joy Rd
Warner Robins, GA 31088
Retail Property For Sale

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net lease Popeyes Louisiana Kitchen Restaurant investment opportunity located at 716 Lake Joy Road in Warner Robins, Georgia, part of the Macon MSA on the state’s west coast. The property consists of .63-acres improved with an approximately 2,265-square foot building. The newly constructed restaurant has a brand new 15-year lease in place with Sailormen, Inc, one of the largest domestic franchisees of Popeyes Louisiana Kitchen restaurants, currently operating 103 Popeyes in Florida and Georgia, with approximately eight to ten new restaurants being built every year. Annual base rent is set at $137,909* with 10 percent rental increases every five years in the base term, as well as the five five-year renewal options. Located near the signalized intersection of GA Hwy 96 and Lake Joy Road, the restaurant is among a developing trade area with a profusion of new construction retail that includes hotels, attractions, restaurants and entertainment. The new Popeyes sits across the 12-screen Houston Lakes Cinemas and is one street away from the new Rigby’s Entertainment Complex which offers bowling, mini-golf, arcade, gaming and a new water park. There are robust demographics in the this growing area.