Entity Owned Property summary
This exceptional investment opportunity presents a 3,275 square foot Popeyes restaurant located at 402 E Main St, Apopka, FL 32703. The property sits on a 0.68-acre lot in a high-traffic area at the intersection of East Main Street (46,000 AADT) and Oakland Avenue. This absolute NNN lease boasts a 20-year term commencing June 1, 2024, and expiring May 31, 2044, with four 5-year renewal options. The lease includes 10% rent bumps every five years, ensuring consistent income growth. The… current asking price is $3,681,000, representing a 5.00% cap rate and a net operating income (NOI) of $184,048. The tenant, Sailormen, Inc., operates over 150 units, demonstrating financial strength and expansion. The property benefits from its proximity to Apopka High School, Apopka Memorial Middle School, and Apopka Elementary, serving a combined 5,500+ students and families. Furthermore, its location near major thoroughfares, including U.S. Route 441/South Orange Blossom Trail, and surrounded by national retailers like a newly constructed Winn-Dixie shopping center, ensures high visibility and customer traffic. The strong demographics within a 5-mile radius, with 148,012 residents and an average annual household income of $102,010 (projected to increase by at least 17% in five years), further enhance the investment potential. This Popeyes is situated less than 15 miles northwest of downtown Orlando, benefiting from the city's significant tourism and economic activity. This is an ideal investment for both local and out-of-area investors seeking a low-management, high-return opportunity. The property is offered as a 1031 exchange eligible property.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The purpose of the MU-D district is to provide lands that accommodate downtown Apopka as a center of commerce, government, and culture. Principal types of development include higher intensity government, commercial, and…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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