Freestanding Popeyes
For Sale
$1,500,000
620 N Howard St, Akron, OH 44310
Freestanding Popeyes drive-thru with a new 20-year NNN sale-leaseback and scheduled 10% rent increases.
Property Size2,520 SF
Price / SF$595.24
Days on Market47
Property Features for 620 N Howard St
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Restaurant
Lease Type
NNN
Amenities
New 20-Year Sale-Leaseback NNN Lease Commencing at Close of Escrow | Zero Landlord Responsibilities
Scheduled 10% Rent Increases Every 5 Years | Four (4) Five-Year Renewal Options
Operated and Guaranteed by an Established 13-Unit Popeyes Franchisee
Tenant-Funded Remodel Slated for 2028 at No Cost to Landlord
Signalized Intersection of North Howard Street (±7,000 VPD) and Tallmadge Avenue (±10,736 VPD)
Convenient Access to State Route 8 (±100,071 VPD), Interstate 77, and Interstate 76
Proximity to The University of Akron (15,000+ Enrollment), Cleveland Clinic Akron General (500+ Beds), and Summa Health (600+ Beds)
Located Within the Akron MSA (706,559 Residents) | Positioned Between Cleveland and Canton
Building Details
Building Size
2,520 SF
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source:
Marcusmillichap
Added: Jul 18
Changed: Sep 2
Last Checked: Sep 1 at 2:36PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Freestanding Popeyes drive-thru restaurant offering a newly structured sale-leaseback on a NNN basis. The property is approximately 2,520 square feet and is secured by a new 20-year lease commencing at close of escrow, with zero landlord responsibilities. The lease includes four (4) five-year renewal options, scheduled 10% rent increases every five years, and annual base rent of $90,000. The lease is operated and guaranteed by an established 13-unit Popeyes franchisee, with the tenant slated to remodel the location at their own expense in 2028.
The restaurant is located along North Howard Street at a signalized intersection with Tallmadge Avenue, providing direct access to State Route 8, Interstate 77, and Interstate 76. Nearby retailers include Home Depot, Best Buy, Sam’s Club, and Lowe’s at The Plaza at Chapel Hill Shopping Center.
This offering is positioned for long-term, passive net-lease income, supported by brand strength associated with Popeyes’ global presence under Restaurant Brands International.
The restaurant is located along North Howard Street at a signalized intersection with Tallmadge Avenue, providing direct access to State Route 8, Interstate 77, and Interstate 76. Nearby retailers include Home Depot, Best Buy, Sam’s Club, and Lowe’s at The Plaza at Chapel Hill Shopping Center.
This offering is positioned for long-term, passive net-lease income, supported by brand strength associated with Popeyes’ global presence under Restaurant Brands International.
Key Highlights
- Freestanding Popeyes drive‑thru at 620 North Howard Street, Akron, OH
- ±2,520 SF restaurant secured by a new 20‑year sale‑leaseback NNN lease
- Annual base rent of $90,000 with a 6.00% cap rate; includes scheduled 10% rent increases every five years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 32%
Electronics 3%
Home Improvements & Furnishings 1%
Circle K
Shops & Services
13,047 visits/mo
0.3 miles
Burger King
Dining
10,264 visits/mo
0.4 miles
Dollar General
Shops & Services
9,436 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
6,516 visits/mo
0.1 miles
BP
Shops & Services
4,067 visits/mo
0.3 miles
Demographics for 44310, OH
24,984
Population
11,074
Households
2.3
Avg Household Size
35
Median Age
14%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
4,030
Density / Sq Mi
$38,912
Median Household Income
$32,593
Median Earnings
$925
Median Rent
$91,400
Median Home Value
Market
Vacancy Rate% for Retail in Akron, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding Popeyes drive-thru with a new 20-year NNN sale-leaseback and scheduled 10% rent increases.
Where is this drive through restaurant located?
The property is located at 620 N Howard St Akron, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Freestanding Popeyes drive‑thru at 620 North Howard Street, Akron, OH; ±2,520 SF restaurant secured by a new 20‑year sale‑leaseback NNN lease; Annual base rent of $90,000 with a 6.00% cap rate; includes scheduled 10% rent increases every five years
