Triple-Net Popeyes
920 E 4th St Dequincy, LA 70633
920 E 4th St, Dequincy, LA, 70633
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For Sale
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Single-tenant Popeyes building is leased under a brand new 25-year triple-net agreement with annual rental escalations.
Property Size2,295 SF
Lot Size0.63 Acres
Days on Market102
Property Features for 920 E 4th St
General Information
- Standard status
- Active
- Size
- 2,295 SF
- Lot size
- 0.63 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Francis Purritano · License #NY 10401333619
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 6:15PM Checked: Jul 21 at 6:15PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This single-tenant Popeyes restaurant is offered for sale as a triple-net (NNN) property. The location is subject to a brand new 25-year NNN lease that commenced December 31, 2020. Base annual rent is $150,262, with 1.75% annual rental escalations beginning in January 2027 and continuing through the base term and each of the two, five-year tenant renewal option periods.
The lease is guaranteed by SRG PLK OpCo, LLC, d/b/a High Noon Restaurant Group, which operates 63 locations throughout Louisiana. The property is approximately 2,295 rentable square feet and is situated on an approximately 0.63-acre parcel.
The offering includes the NNN lease structure and operating assurance provided by the lease guaranty.
The lease is guaranteed by SRG PLK OpCo, LLC, d/b/a High Noon Restaurant Group, which operates 63 locations throughout Louisiana. The property is approximately 2,295 rentable square feet and is situated on an approximately 0.63-acre parcel.
The offering includes the NNN lease structure and operating assurance provided by the lease guaranty.
Key Highlights
- Single‑tenant Popeyes building in DeQuincy, LA on an approximately 0.63‑acre parcel
- Brand new 25‑year triple‑net (NNN) lease commenced December 31, 2020
- Lease base annual rent of $150,262 with 1.75% annual rental escalations starting in January 2027
Property Analytics
Location Intelligence
Current Use by Public Records
Popeyes Louisiana Kitchen
Restaurant
FAQs
What type of property is this?
NNN property - Single-tenant Popeyes building is leased under a brand new 25-year triple-net agreement with annual rental escalations.
Where is this nnn property located?
The property is located at 920 E 4th St Dequincy, LA.
What are key features of this property?
This property features: Single‑tenant Popeyes building in DeQuincy, LA on an approximately 0.63‑acre parcel; Brand new 25‑year triple‑net (NNN) lease commenced December 31, 2020; Lease base annual rent of $150,262 with 1.75% annual rental escalations starting in January 2027
