Lowest Cap Rate
4.25%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.71%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Overview
Known for their tasty fried chicken, Popeyes has over 3,000 locations in the United States. Since introducing their signature Chicken Sandwich, Popeyes has seen a major increase in average store revenue from 2018-2019. Popeye’s locations tend to be NNN properties, freeing the investor of any responsibilities, and Popeyes offers attractive 15-20 year terms with rent escalations of 10% every 5 years.
Property & Lease
Average Sale Price$2,000,000 - $3,000,000
Average NOI$100,000 - $150,000
Building SF2,500
Lease Term15 - 20 Years
Escalations10% Every 5 Years
Stock SymbolNYSE:QSR
Credit Rating
S&PBB
Moody'sN/A
Cap Rate By Region
5.11
5.27
5.41
5.16
5.77
4.45
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Lagrange, GA5.50%
Peoria, IL5.75%
Montgomery, TX5.35%
Top Consumer Traffic
Hemet, CA432,700
Queens, NY430,900
Inglewood, CA378,500
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data