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2514 Bull St
Savannah, GA 31401 Thomas Square

$1,752,000 USD

Fast Food For Sale  •  1,416 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,416 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 5.15 %
  • Tenancy Single
0 Transit Score
92 Walk Score

Highlights

Operated by Sailormen, Inc., one of the largest & most established Popeyes franchisees in the U.S, providing stability & proven operational expertise.
High barriers to entry make Savannah a difficult market for new QSR tenants, strengthening long-term tenant commitment and real estate fundamentals.
With 15.5 years remaining on the Absolute Triple Net (NNN) Ground Lease, investors benefit from a secure and predictable income stream well into 2041.
The lease structure includes annual CPI-U rent increases, ensuring income growth is aligned with inflation.
Dense trade area with 128,448 residents within a 5-mile radius, driving strong customer traffic and sales performance.
Cap Rate: 5.15 %

Major Tenants

Tenant SF Occupied Lease End Date
Popeyes 1,416 SF 2/28/2041

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Savannah (Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak) 9 min - 4.5 mi
AirportDriveWalkDistance
Savannah/Hilton Head International 21 min - 11.3 mi
Hilton Head 61 min - 38.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Mitchell Coleman 843-931-9580 Sands Investment Group
Mitchell Coleman 843-931-9580 Sands Investment Group