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3501 Lake City Hwy
Warsaw, IN 46580

$2,601,626 USD

Fast Food For Sale  •  1,958 SF

Property Details

• Property Type Fast Food
• Total Building Size 1,958 SF
• Lot Size 0.67 AC
• Building Class C
• Year Built 1995
• Cap Rate 6.15 %
• Tenancy Single
• Zoning C-3 A

30 Walk Score

Highlights

Brand New 20-Year Absolute NNN Lease Commencing June 2026 | Zero Landlord Responsibilities

Four (4) Five-Year Renewal Options Providing Up to 40 Years of Total Term

Scheduled 10% Rent Increases Every 5 Years | $160,000 NOI at 6.15% CAP

Personal Guaranty in Place (Inquire w/ Agent for Details)

Operated by Award-Winning Franchisee | 2024 Popeyes Developer of the Year & 2022 Franchisee of the Year

Popeyes Operates 3,700+ Locations Globally as a Subsidiary of Restaurant Brands International

Cap Rate:

6.15 %

Amenities

• Signage
• Air Conditioning
• Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Fort Wayne International	67 min	-	45.0 mi