Freestanding NNN
5900 US 49 Hattiesburg, MS 39401
5900 US 49, Hattiesburg, MS, 39401
Contact for pricing
For Sale
Contact for pricing
Pending
Free-standing Popeyes restaurant offered on an absolute NNN lease with scheduled rent increases and multiple renewal options.
Days on Market102
Property Features for 5900 US 49
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listed by
David Bailey · License #PA ABR002472
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 7:57PM Checked: Jul 21 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 David Bailey
Investment Insights
Based on property information with market context.
Stan Johnson Company is pleased to offer the fee-simple interest in a freestanding Popeyes Louisiana Kitchen Restaurant located at 5900 US 49 in Hattiesburg, Mississippi.
The property is operated by Popeyes under an absolute NNN lease structure. The lease includes 10% rent increases every five years, and there are more than six years remaining on the original 20-year term. The agreement also provides four (4) five-year renewal options, each with 10% increases at the time of renewal.
The seller notes that Popeyes has had a history of strong store performance at this location, including four-wall rent-to-sales of 6.6% in FY2018. This offering is presented to qualified investors seeking a largely passive structure backed by contractual rent escalations.
The property is operated by Popeyes under an absolute NNN lease structure. The lease includes 10% rent increases every five years, and there are more than six years remaining on the original 20-year term. The agreement also provides four (4) five-year renewal options, each with 10% increases at the time of renewal.
The seller notes that Popeyes has had a history of strong store performance at this location, including four-wall rent-to-sales of 6.6% in FY2018. This offering is presented to qualified investors seeking a largely passive structure backed by contractual rent escalations.
Key Highlights
- Fee‑simple interest in a free‑standing Popeyes Louisiana Kitchen restaurant in Hattiesburg, Mississippi
- Absolute NNN lease with scheduled 10% rent increases every 5 years
- More than 6 years remaining on the original 20‑year lease
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Free-standing Popeyes restaurant offered on an absolute NNN lease with scheduled rent increases and multiple renewal options.
Where is this conventional restaurant located?
The property is located at 5900 US 49 Hattiesburg, MS.
What are key features of this property?
This property features: Fee‑simple interest in a free‑standing Popeyes Louisiana Kitchen restaurant in Hattiesburg, Mississippi; Absolute NNN lease with scheduled 10% rent increases every 5 years; More than 6 years remaining on the original 20‑year lease
