Log In/Sign Up
Your email has been sent.
Popeye's 72 E Franklin St 2,340 SF Retail Building Hartwell, GA 30643 $1,885,714 ($805.86/SF) 7% Cap Rate
Investment Highlights
- Strong Franchise Operator: PSP Holdings operates 35+ Popeyes restaurants with proven track record and operational scale.
- Long-Term Lease: ±11 years remaining on the original 15-year term, providing secure, predictable income.
- Absolute NNN Lease: True passive investment with no landlord responsibilities.
- New, Durable Construction: Built in 2022 with all-brick exterior, offering long-term durability and reduced maintenance needs.
- Rent Growth: 10% rent increases every 5 years, including through all renewal options.
- Located in Growing Hartwell, GA: Positioned in a vibrant, business-friendly city near the Georgia-South Carolina border
Executive Summary
Broker of Record
Maxx Bauman
License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Maxx Bauman
License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,340 SF
Building Class
B
Year Built
2022
Price
$1,885,714
Price Per SF
$805.86
Cap Rate
7%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.39 AC
Zoning
R1 - Residential
Frontage
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- $51.28
- Triple Net
- Dec 2036
Founded in New Orleans in 1972 by Al Copeland, the company began as a small fried chicken restaurant and later became known for a Louisiana-inspired approach to quick-service dining. The business serves fried chicken, chicken sandwiches, tenders, seafood, biscuits, desserts, and regional sides, with franchising forming a major part of the operating model. A broad restaurant network now supports service across the United States and international markets, and digital ordering, delivery, and franchise development remain part of the company's business mix.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $51.28 | Triple Net | Dec 2036 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | I57D-274 | Improvements Assessment | $170,440 |
| Land Assessment | $75,274 | Total Assessment | $245,714 |
Property Taxes
Parcel Number
I57D-274
Land Assessment
$75,274
Improvements Assessment
$170,440
Total Assessment
$245,714
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Popeye's | 72 E Franklin St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.