Close of Escrow: Popeyes in Quincy, FL

Close of Escrow: Popeyes in Quincy, FL

SIG is pleased to announce the recent Close of Escrow on Popeyes located in Quincy, Florida.

Investment Highlights Include:

  • New 15 Year Absolute Triple Net Lease
  • 10% Rental Increases Every 5 Years
  • Five (5) x Five (5) Year Options to Renew
  • Brand New 2017 Construction – Scheduled to Open on Nov 3, 2017
  • Located Next to James A Shanks Middle School, George W Munroe Elementary and Robert F Munroe Kindergarten
  • Neighboring Retailers Include: CVS, Walgreens, Citi Trends, McDonald’s, Burger King, Pizza Hut and Auto Zone
  • Located Along W. Jefferson Street – Over 19,500 VPD and Just West of Pat Thomas Pkwy -Over 11,300 VPD
  • Local Attractions: Gadsden Arts Center, Florida State University and Cascades Park
  • Estimated 575 Businesses with Over 6,000 Employees Located Within a 3-Miles Radius
  • Average Household Income of Over $46,000 Within a 1-Mile Radius
  • Quincy is Located 20-Miles Northwest of Tallahassee, Florida’s State Capital

Closing Price: $1,943,380
Closing CAP:  5.65%

Listing Agents: Chris Sands and Max Freedman

For More Information Contact:

Max Freedman
Lic #644481

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