Popeyes Drive-Through
For Sale
Contact for pricing
4210 Salem Rd, Covington, GA 30016
New construction with a long-term absolute NNN lease and scheduled rent escalations.
Property SizeContact for details
Days on Market144
Property Features for 4210 Salem Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:23PM
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 Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
This newly constructed Popeyes restaurant includes a drive-through and is subject to a 15-year absolute NNN lease. The lease provides 10% rental increases every 5-years during the primary term and across four five-year option periods, with no landlord responsibility stated in the property information.
The property occupies an outparcel to a Wal-Mart Supercenter at 4210 Salem Rd in Covington, Georgia, directly across from a Publix-anchored shopping center. Access is available from Brown Bridge Road and Salem Road, which carry over 40,000 vehicles per day. National retailers identified nearby include Walgreens, Wendy’s, Zaxby’s, Circle-K, CVS Pharmacy, Chick-fil-A, Taco Bell, Goodyear, McDonald’s, and Caliber Collision. More than 86,000 residents live within 5-miles, and the Covington population is expected to grow 7.0% over the next 5-years.
The property occupies an outparcel to a Wal-Mart Supercenter at 4210 Salem Rd in Covington, Georgia, directly across from a Publix-anchored shopping center. Access is available from Brown Bridge Road and Salem Road, which carry over 40,000 vehicles per day. National retailers identified nearby include Walgreens, Wendy’s, Zaxby’s, Circle-K, CVS Pharmacy, Chick-fil-A, Taco Bell, Goodyear, McDonald’s, and Caliber Collision. More than 86,000 residents live within 5-miles, and the Covington population is expected to grow 7.0% over the next 5-years.
Key Highlights
- Newly constructed Popeyes drive‑through restaurant
- 15‑year absolute NNN lease
- 10% rental increases every 5‑years during the primary term and option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 30016, GA
58,428
Population
21,223
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
92%
High-School Grad
90.8 sq mi
ZIP Area
643
Density / Sq Mi
$74,276
Median Household Income
$40,007
Median Earnings
$1,585
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - New construction with a long-term absolute NNN lease and scheduled rent escalations.
Where is this drive through restaurant located?
The property is located at 4210 Salem Rd Covington, GA.
What are key features of this property?
This property features: Newly constructed Popeyes drive‑through restaurant; 15‑year absolute NNN lease; 10% rental increases every 5‑years during the primary term and option periods
