Overview
Popeyes is executing a new 15-year absolute NNN lease with two (2) five-year renewal options, offering long-term passive income. The brand operates under Restaurant Brands International (NYSE: QSR), which reported $9.26 billion in systemwide sales in 2025. Located just 0.5 miles from U.S. Route 6 (22,000 VPD) and benefiting from approximately 17,000 VPD along Main Street, the property has strong daily traffic counts and commuter exposure within an established retail corridor.
Investment Highlights
Brand New 15 Year NNN Sale Leaseback Opportunity
Popeyes is executing a new 15-year absolute NNN lease with two (2), five-year renewal options, offering long-term passive income.
Established Franchisee Guarantee
The lease is backed by AP Northeast Management LLC, a seasoned, multi-state and multi unit restaurant operator with a significant quick-service portfolio.
Dense Infill Submarket – Local QSRs Thriving
More than 38,000 residents within a one-mile radius and projected population growth of 1.5% by 2029. Nearby national QSR operators demonstrate exceptional performance, with KFC ranking in the top 10% nationally and McDonald’s in the top 30% based on annual visitor traffic.
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