Brand New 2020 Construction Popeyes

Highlights

• Brand New 2020 Construction with Drive-Thru
• Long term 20-year lease guaranteed by strong multi-unit operator
• Absolute NNN Lease - Zero Landlord Responsibilities
• Attractive 1.5% annual rent bumps provide a hedge against inflation
• Popeyes US same-store sales up 29% in Q1 2020 (During COVID-19)
• Strategic location on Wadesboro's main commercial corridor - joining national retailers like; Wendy's, Truist, Arby's, AutoZone, BP, Food Lion, and Tractor Supply Company
• Excellent visibility and access to Hwy 74 - ingress and egress from both directions - enjoys traffic counts over 27,500 VPD on Hwy 74
• The location has a built in customer base with an ideal mix of residential neighborhoods, retail activity and daytime employment within a 2-mile radius

Description

Brand New 2020 Construction Popeyes

Nestled in the unspoiled farmland on the edge of the Charlotte Metropolitan Area in Anson County, Wadesboro, NC is a small friendly town easily accessible from North and South Carolina. Nicknamed "The Heart of the Carolinas" Wadesboro is located on Highway 74 between Charlotte and East Coast beach destinations. Approximately 1 hour east of Charlotte, 2 hours north of Columbia, SC and 2.5 hours west of Wilmington, NC and Myrtle Beach, SC.