Popeyes Restaurant Investment
For Sale
Contact for pricing
4002 E Washington Ave, Madison, WI 53704
Popeyes location on Madison’s East Side with minimal landlord responsibilities.
Property Size3,806 SF
Price / SF$591.17
Days on Market141
Property Features for 4002 E Washington Ave
General Information
Standard status
Active
Size
3,806 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$146,531
Building Details
Year Renovated
2020
Tenancy
Single
Listing Agency:
White Box Commercial Property Group LLC
Listed By:
Jamani Bergh · License #60510-90
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 8 at 9:54AM
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 White Box Commercial Property Group LLC
Investment Insights
Based on property information with market context.
This offering presents a 100% fee simple interest in a Popeyes restaurant located on Madison’s East Side. The investment features minimal landlord responsibilities, 10% rent increases every five years, and 20 years of option periods, personally guaranteed by an operator with over 66 units. The property is situated on a hard corner at a signalized intersection along East Washington Avenue, benefiting from high traffic volume of over 45,000 vehicles per day and excellent visibility. The site provides great access, ample parking at a ratio of 11:1, significant drive-thru stacking capacity, and pylon signage. It is surrounded by numerous national retailers. The property size is 3,806 square feet and is located at 4002 E Washington Ave, Madison, WI 53704.
Key Highlights
- 100% fee simple interest in a Popeyes location
- Minimal landlord responsibilities
- Enjoy 10% rent increases every five years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 53704, WI
47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
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?
Drive through restaurant - Popeyes location on Madison’s East Side with minimal landlord responsibilities.
Where is this drive through restaurant located?
The property is located at 4002 E Washington Ave Madison, WI.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 100% fee simple interest in a Popeyes location; Minimal landlord responsibilities; Enjoy **10% rent increases every five years**
