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820 N Washington Blvd
Sarasota, FL 34236
Popeyes | Sarasota, FL · Retail Property For Sale
Investment Highlights
- New 20-year absolute NNN lease with 10% rental increases every five (5) years
- Excellent investment asset located in an income tax-free state
- Popeyes opened 146 new restaurants in the U.S. over the past year and approximately 200 globally despite the pandemic
- Four (4) extension periods of five (5) years each, providing a strong long-term investment opportunity
- Absolute NNN lease requires no landlord management, including all maintenance responsibilities, ideal for both local and out-of-area investors
- High-quality remodel featuring a dedicated drive-thru for added customer convenience (drive-thru captures 80% of Popeye’s business)
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,326 SF
Building Class
C
Year Built/Renovated
1981/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.54 AC
Zoning
DTE
Parking
30 Spaces (12.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 2026-01-0056 | Improvements Assessment | $695,300 |
| Land Assessment | $722,500 | Total Assessment | $1,417,800 |
Property Taxes
Parcel Number
2026-01-0056
Land Assessment
$722,500
Improvements Assessment
$695,300
Total Assessment
$1,417,800
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