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15655 NW US Highway 441
Alachua, FL 32615

$2,664,869 USD

Fast Food For Sale  •  1,930 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,930 SF
  • Lot Size 1.5 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
45 Walk Score

Highlights

Absolute NNN Lease: Zero Landlord Responsibilities. This lease is structured as an absolute NNN, offering passive income with no landlord maintenance
Established Tenant with Long-Term Commitment: Popeyes, a nationally recognized quick-service chicken brand, has ±16 years remaining on their current t
Corporate Guarantee: The lease is corporately guaranteed by Sailormen Inc., one of the largest franchisee operators of Popeye’s in the country, with ~
Large ±1.15 Acre Parcel: Situated on a highly desirable ±1.15-acre parcel, the property offers excellent frontage, visibility, and access within a den
Attractive Rental Increases: The lease includes 10% rent increases every five (5) years (including options), providing a strong hedge against inflatio
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Popeyes

Public Transportation

AirportDriveWalkDistance
Gainesville Regional 29 min - 17.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Jake Lurie 561-512-1658 Matthews Real Estate Investment Services
Jake Lurie 561-512-1658 Matthews Real Estate Investment Services