3712 McFarland Boulevard East, Tuscaloosa, AL 35405

This Popeyes restaurant is offered for sale with a new 20-year absolute NNN lease. The lease includes 7.50% rental escalations every 5 years and four 5-year renewal options. The tenant is an experienced multi-concept owner/operator with 12 Popeyes locations in Alabama, and the lease is further guaranteed by Ram-Z Restaurant Group, which includes 39 Freddy’s restaurants (42 by year-end 2026) and 33 Schlotzsky’s restaurants, for a total of 84 unit guarantees. The location has been open and operating since 2007, with a stated 7.55% rent to sales ratio.

The property is positioned just off a hard corner within a dominant retail corridor on a 0.574-acre lot, with exceptional visibility and access on US-82/McFarland Blvd E. Traffic counts are reported at 51,183 CPD, and just north of the I-20 exit ramp traffic is reported at 61,863 CPD. The surrounding retail area includes major national and regional retailers such as Walmart, Sam’s Club, Target, Lowe’s, Home Depot, and Academy Sports + Outdoors, along with a range of shopping, dining, and entertainment options.

With its restaurant-appropriate use and absolute NNN structure, the property may appeal to investors seeking a stabilized, long-duration food service lease backed by an operating group and unit-level guarantees. Its strong roadside access and frontage in a principal north/south corridor support day-to-day visibility for customers and continued demand from the broader retail area. The University of Alabama is about 3 miles away, and DCH Regional Medical Center is also within less than 3 miles, adding additional local draw.