685 Champion Drive
Canton (Asheville), NC 28716

Popeyes

Offering Summary
Price $2,034,215 Cap Rate 6.00%
NOI $122,052.95 Rentable SF 1,986 SF
Lot Size 29,185 SF Year Built 2021
Lease Type Absolute NNN Lease Term 12 Years

Investment Highlights

  • High-Quality 2021 Construction (New Prototype Location)
  • Long-Term Absolute NNN Lease (Zero Landlord Responsibilities)
  • 10% Rent Increases Every 5-Years (Next Increase in 2026)
  • Great Access & Visibility Right Off Interstate 40 and Champion Drive
    with Combined Traffic Counts Exceeding 76,000 Vehicles Per Day
  • Average Household Income Exceeds $80,000 (5-Mile Radius)
  • Popeyes is one of the Largest Quick Service Restaurant Chains in the
    World with more than 2,600 Restaurants Globally

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com