Lowest Cap Rate
3.50%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.99%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
6.35%
Average Cap Rate over previous quarter
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
Sales Price Range$2,000,000 - $3,000,000
NOI Range$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
Average regional cap rates calculated over past 24 months, irrespective of term length
5.31
5.25
5.83
5.24
5.77
4.41
*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
Painesville, OH6.09%
Canton, NC7.37%
Dillon, SC5.72%
Top Consumer Traffic
Los Angeles, CA571,700
Hawthorne, CA461,700
Hemet, CA444,000
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
