9036 Eastchase Pky | Montgomery, AL 36117
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9036 Eastchase Pky
Montgomery, AL 36117
Popeyes | 19-Yr NNN | 2%+ Annual Bumps · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term investment | 19 years remaining on the absolute NNN lease | Zero Landlord responsibilities
- Strong & experienced operator | Tenant operates 61 Popeyes through AL, GA, and FL
- Popeyes is the 2nd largest chicken chain in the U.S. with 3,050+ units(4,220+ units globally)
- Unique rental increases | 2% annual increases with a one-time, 6.41% increase in 2026 | Average CAP of 7.81% over remaining Base Term
- Popeyes was acquired by Restaurant Brands International in 2017 for $1.8B
- #3 QSR in the Chicken Segment for U.S. systemwide sales, according to QSR Magazine
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,092 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Zoning
C - Commercial
Parking
26 Spaces (8.41 Spaces per 1,000 SF Leased)
Frontage
107’ on Eastchase Pky
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 09-05-15-4-002-004.006 | Improvements Assessment | $162,700 |
| Land Assessment | $146,360 | Total Assessment | $309,060 |
PROPERTY TAXES
Parcel Number
09-05-15-4-002-004.006
Land Assessment
$146,360
Improvements Assessment
$162,700
Total Assessment
$309,060
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