Popeyes Absolute NNN
For Sale
Contact for pricing
2496 Blanding Blvd, Middleburg, FL 32068
Franchise restaurant investment with extended lease options and scheduled rent escalations.
Property SizeContact for details
Days on Market143
Property Features for 2496 Blanding Blvd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
44,000 vehicles/day
Listing Agency:
Vero Capital Group
Listed By:
Jarett Zackman · License #SL3595288
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 6:44AM
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 Vero Capital Group
Investment Insights
Based on property information with market context.
This Popeyes Louisiana Kitchen property is subject to an absolute NNN lease that began in August 2018, with 8 years remaining in the initial 15-year term. The structure places landlord responsibilities with the tenant and includes 10% rent increases every five years, along with five additional 5-year renewal options.
The restaurant is located at 2496 Blanding Blvd in Middleburg, Florida, along State Road 21, the area’s primary commercial corridor. The site records average traffic of 44,000 vehicles per day and is surrounded by residential neighborhoods, schools, and national retailers. Sailormen, Inc., the tenant, operates over 130 Popeyes locations, while the brand is supported by Restaurant Brands International, listed on the NYSE under QSR.
The restaurant is located at 2496 Blanding Blvd in Middleburg, Florida, along State Road 21, the area’s primary commercial corridor. The site records average traffic of 44,000 vehicles per day and is surrounded by residential neighborhoods, schools, and national retailers. Sailormen, Inc., the tenant, operates over 130 Popeyes locations, while the brand is supported by Restaurant Brands International, listed on the NYSE under QSR.
Key Highlights
- Absolute NNN lease with 8 years remaining on the initial 15‑year term
- Lease commenced in August 2018 and provides 10% rent increases every five years
- Five additional 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
44,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 32068, FL
57,458
Population
21,830
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
115.5 sq mi
ZIP Area
497
Density / Sq Mi
$82,410
Median Household Income
$42,615
Median Earnings
$1,411
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Franchise restaurant investment with extended lease options and scheduled rent escalations.
Where is this nnn property located?
The property is located at 2496 Blanding Blvd Middleburg, FL.
What are key features of this property?
This property features: Absolute NNN lease with 8 years remaining on the initial 15‑year term; Lease commenced in August 2018 and provides 10% rent increases every five years; Five additional 5‑year renewal options
