Popeyes NNN
For Sale
Contact for pricing
Pending
329 N Main St, Lansing, KS 66043
Sale-leaseback retail asset with a new 20-year term, established operations, and access near a Holiday Inn Express.
Property SizeContact for details
Lot Size0.71 Acres
Days on Market143
Property Features for 329 N Main St
General Information
Standard status
Pending
Lot size
0.71 Acres
Property subtype
Retail
Financials
Asking Price
$1,888,000
Cap Rate
5.8%
Additional Details
Traffic Count
22,000 vehicles/day
Listing Agency:
Northmarq San Diego
(858) 877-9847
Listed By:
Mike Philbin · License #CA 01922822
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 4:04AM
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 Northmarq San Diego
Investment Insights
Based on property information with market context.
This Popeyes-branded NNN retail property is offered through a sale-leaseback structure at 329 N Main St in Lansing, Kansas. The lease has a new 20-year term and an 85 Store Guaranty. The restaurant has been successfully operated for 9 years, providing an established operating history for the asset.
The property occupies approximately .71 acres and is positioned adjacent to a Holiday Inn Express. The site benefits from stated visibility and convenient access, with traffic volume reported at approximately 22k VPD. The listing also reports 2022 population counts of 7,329 within 1 mile, 20,379 within 3 miles, and 39,860 within 5 miles.
The property occupies approximately .71 acres and is positioned adjacent to a Holiday Inn Express. The site benefits from stated visibility and convenient access, with traffic volume reported at approximately 22k VPD. The listing also reports 2022 population counts of 7,329 within 1 mile, 20,379 within 3 miles, and 39,860 within 5 miles.
Key Highlights
- Popeyes‑branded NNN sale‑leaseback property
- New 20‑year term with 85 Store Guaranty
- 5.8% CAP
Property Analytics
Property Profile
Current Use
Lease Details
22,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 17%
Electronics 1%
Hotels & Casinos 1%
Freddy's Frozen Custard & Steakburgers
Dining
13,119 visits/mo
0.2 miles
Dollar General
Shops & Services
8,961 visits/mo
0.0 miles
Popeyes Louisiana Kitchen
Dining
7,203 visits/mo
0.1 miles
IHOP
Dining
7,160 visits/mo
0.0 miles
Arby's
Dining
5,974 visits/mo
0.1 miles
Demographics for 66043, KS
10,784
Population
3,563
Households
3
Avg Household Size
38
Median Age
41%
College-Educated
95%
High-School Grad
7.2 sq mi
ZIP Area
1,498
Density / Sq Mi
$101,057
Median Household Income
$41,147
Median Earnings
$1,122
Median Rent
$246,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Sale-leaseback retail asset with a new 20-year term, established operations, and access near a Holiday Inn Express.
Where is this nnn property located?
The property is located at 329 N Main St Lansing, KS.
What are key features of this property?
This property features: Popeyes‑branded NNN sale‑leaseback property; New 20‑year term with 85 Store Guaranty; 5.8% CAP
