2123 Crawfordville Hwy Crawfordville, FL 32327-1032

This exceptional investment opportunity presents a 2,145 square foot Popeye's Chicken restaurant located at 2123 Crawfordville Hwy, Crawfordville, FL 32327. The property, built in 2020, sits on a one-acre lot with 25 parking spaces and enjoys excellent visibility due to its direct frontage on Crawfordville Highway. Currently operating under a 20-year absolute NNN lease (commencing June 1, 2020) with 16 years remaining, this single-tenant property boasts a credit-rated franchisee with a proven track record. The lease includes three five-year renewal options, ensuring long-term stability. Rent increases by 10% every five years, providing significant future income growth. The property features a Class B building, zoned for general commercial use, and generates a substantial net operating income (NOI) of $132,000 annually, resulting in a compelling 5.00% cap rate. The asking price is $2,640,000. This is a turnkey investment with minimal management requirements, offering a secure and profitable return for the discerning investor. The property is well-maintained and benefits from high occupancy (100%). Detailed financial information is available upon request.