EXTREMELY RARE 25 year ABS NNN lease with ZERO landlord responsibilities
10% increases every 5 years in the base term & options
5 mile population in excess of 21,474 residents
Subject property is strategically located on hard corner outparcel to a Lowes anchored shopping center and adjacent to a Walmart Supercenter center with Hwy 69 frontage which sees over 26,800 VPD
Nearby national tenants include Lowes, Wendy’s, Subway, Dollar Tree, Exxon, Pizza Hut, Tractor Supply Co., KFC, Chilli’s, and many more
Popeyes is a globally recognized fast-food chain with over 3700 locations
Guarantor is an experienced franchisee with over 40 years of experience and currently operates 8 Popeyes and 16 IHOP locations
Franchisee is actively expanding their portfolio with development rights to 30 locations in Oklahoma