Triple-Net Popeyes
For Sale
Contact for pricing
102 N Cities Service Hwy, Sulphur, LA 70663
Popeyes on an approximately 0.61-acre parcel with a brand new 25-year triple-net lease.
Property SizeContact for details
Days on Market131
Property Features for 102 N Cities Service Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 5:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This Popeyes restaurant property is presented as a triple-net investment and is subject to a brand new 25-year NNN lease that commenced December 31, 2020. The base annual rent is $156,743, with 1.75% annual rental escalations beginning in January 2027 and continuing throughout the base term and each of the two, five-year tenant renewal option periods. The lease is guaranteed by SRG PLK OpCo, LLC, d/b/a High Noon Restaurant Group, which operates 63 locations throughout Louisiana. The property contains approximately 2,474 rentable square feet and sits on an approximately 0.61-acre parcel.
The asset is located at 102 N Cities Service Highway in Sulphur, Louisiana.
The asset is located at 102 N Cities Service Highway in Sulphur, Louisiana.
Key Highlights
- Popeyes in Sulphur, LA on an approximately 0.61‑acre parcel
- Approximately 2,474 rentable SF restaurant property
- Brand new 25‑year triple‑net (NNN) lease commenced December 31, 2020
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
265k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Superstores 34%
Shops & Services 18%
Apparel 3%
Walmart
Superstores
89,086 visits/mo
0.4 miles
McDonald's
Dining
29,533 visits/mo
0.5 miles
Murphy USA
Shops & Services
17,538 visits/mo
0.3 miles
Dollar Tree
Shops & Services
15,601 visits/mo
0.5 miles
Whataburger
Dining
15,099 visits/mo
0.2 miles
Demographics for 70663, LA
29,325
Population
12,767
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
97.8 sq mi
ZIP Area
300
Density / Sq Mi
$59,444
Median Household Income
$37,587
Median Earnings
$914
Median Rent
$174,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Popeyes on an approximately 0.61-acre parcel with a brand new 25-year triple-net lease.
Where is this nnn property located?
The property is located at 102 N Cities Service Hwy Sulphur, LA.
What are key features of this property?
This property features: Popeyes in Sulphur, LA on an approximately 0.61‑acre parcel; Approximately 2,474 rentable SF restaurant property; Brand new 25‑year triple‑net (NNN) lease commenced December 31, 2020
