Freestanding NNN
For Sale
Contact for pricing
Pending
5900 US 49, Hattiesburg, MS 39401
Free-standing Popeyes restaurant offered on an absolute NNN lease with scheduled rent increases and multiple renewal options.
Property SizeContact for details
Days on Market143
Property Features for 5900 US 49
General Information
Standard status
Pending
Property subtype
Retail
Listed By:
David Bailey · License #PA ABR002472
Source:
Crexi
Added: Apr 11
Changed: Aug 22
Last Checked: Aug 26 at 2:10PM
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 David Bailey
Investment Insights
Based on property information with market context.
Stan Johnson Company is pleased to offer the fee-simple interest in a freestanding Popeyes Louisiana Kitchen Restaurant located at 5900 US 49 in Hattiesburg, Mississippi.
The property is operated by Popeyes under an absolute NNN lease structure. The lease includes 10% rent increases every five years, and there are more than six years remaining on the original 20-year term. The agreement also provides four (4) five-year renewal options, each with 10% increases at the time of renewal.
The seller notes that Popeyes has had a history of strong store performance at this location, including four-wall rent-to-sales of 6.6% in FY2018. This offering is presented to qualified investors seeking a largely passive structure backed by contractual rent escalations.
The property is operated by Popeyes under an absolute NNN lease structure. The lease includes 10% rent increases every five years, and there are more than six years remaining on the original 20-year term. The agreement also provides four (4) five-year renewal options, each with 10% increases at the time of renewal.
The seller notes that Popeyes has had a history of strong store performance at this location, including four-wall rent-to-sales of 6.6% in FY2018. This offering is presented to qualified investors seeking a largely passive structure backed by contractual rent escalations.
Key Highlights
- Fee‑simple interest in a free‑standing Popeyes Louisiana Kitchen restaurant in Hattiesburg, Mississippi
- Absolute NNN lease with scheduled 10% rent increases every 5 years
- More than 6 years remaining on the original 20‑year lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
238k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Superstores 38%
Shops & Services 18%
Apparel 5%
Walmart
Superstores
89,547 visits/mo
0.3 miles
McDonald's
Dining
28,504 visits/mo
0.5 miles
Wendy's
Dining
21,679 visits/mo
0.2 miles
Dollar Tree
Shops & Services
15,604 visits/mo
0.4 miles
SONIC Drive In
Dining
14,668 visits/mo
0.3 miles
Demographics for 39401, MS
43,183
Population
20,232
Households
2.1
Avg Household Size
32
Median Age
28%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
229
Density / Sq Mi
$40,287
Median Household Income
$25,697
Median Earnings
$932
Median Rent
$120,100
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?
Conventional restaurant - Free-standing Popeyes restaurant offered on an absolute NNN lease with scheduled rent increases and multiple renewal options.
Where is this conventional restaurant located?
The property is located at 5900 US 49 Hattiesburg, MS.
What are key features of this property?
This property features: Fee‑simple interest in a free‑standing Popeyes Louisiana Kitchen restaurant in Hattiesburg, Mississippi; Absolute NNN lease with scheduled 10% rent increases every 5 years; More than 6 years remaining on the original 20‑year lease
