STREAM Capital Partners > Properties > All Properties > Popeyes

Popeyes

Sale Leaseback

2340 Wynnton Rd, Columbus, Georgia
Ownership Type:
Owner/User
Price:
$1,920,000
Cap Rate:
6.25%
Current Rent:
$120,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
4, Five-year options
Building Sq. Ft.:
2,526 SF
Rent Increases:
15% every 5 years
Site Size:
0.5 Acres

Investment Highlights

  • ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure with full responsibility for taxes, insurance, maintenance, and repairs, providing passive ownership and stable cash flow.
  • BUILT-IN INFLATION HEDGE: Lease features rare 15% rental increases every five years, providing strong income growth and protection against inflation over the lease term.
  • STRONG OPERATING HISTORY: Tenant has successfully operated at this location for over 20 years and recently signed a Franchise agreement extension, demonstrating a long-term commitment to the site and continued confidence in the location.
  • STRONG TRAFFIC EXPOSURE: Property benefits from exceptional visibility and accessibility along a major corridor with approximately 20,500 VPD.
  • FORT BENNING ECONOMIC DRIVER: Fort Benning is one of the largest U.S. Army installations in the country and serves as the primary economic driver for the Columbus, GA. The base supports approximately 35,000 military and civilian personnels. As the home of the U.S. Army Maneuver Center of Excellence, Fort Benning provides a highly stable demand driver for housing, retail, healthcare, and service-sector growth throughout the market.
  • DENSE DAYTIME POPULATION: The surrounding 3-mile trade area supports a daytime population exceeding 106,000 people, creating significant demand drivers for drive-thru and quick-service retail users.
  • PROJECT RUBY WORKFORCE: Project Ruby is located on nearly 900 acres in northeastern Muscogee County (Upatoi). While the data center itself is tucked away for security, its 1,500+ construction workers will use major arteries like Wynnton Road to access the city’s core services. This property’s existing drive-thru is perfectly positioned to capture high-volume “grab-and-go” revenue from this multi-year workforce influx.
  • HEALTHCARE CORRIDOR LOCATION: Strategically located just over one mile from Piedmont Columbus Regional, capturing steady 24/7 traffic from healthcare professionals, patients, and visitors.
Ownership Type:
Owner/User
Price:
$1,920,000
Cap Rate:
6.25%
Current Rent:
$120,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
4, Five-year options
Building Sq. Ft.:
2,526 SF
Rent Increases:
15% every 5 years
Site Size:
0.5 Acres

Listing Agents

Connor Shell

Managing Director
407.913.9009[email protected]

Dorothy Lee

Vice President
626.236.3823[email protected]

Adam English

Managing Director
256.694.9803[email protected]

Georgia Broker of Record: Dean Copans, Lic. #430314

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