Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Popeyes drive-thru located at 108 S LHS Drive in Lumberton, Texas, within the growing Beaumont-Port Arthur trade area. The ±2,794-square-foot restaurant, built in 2020, sits on ±0.87 acres and is secured by an NNN lease with approximately 14 years remaining through December 2040, zero landlord responsibilities, and two (2) five-year renewal options. The property generates $139,632 in annual base rent at a 6.00% cap rate, with scheduled 10% rent increases every five years providing consistent income growth and inflation protection. The location is operated by CSM Group, an established ±141-unit Popeyes franchisee recognized as Popeyes Franchisee of the Year in both 2024 and 2025.
The property is positioned along S LHS Drive (±23,327 VPD), Lumberton's primary commercial corridor near U.S. Highway 96, with corridor neighbors including Walmart, Starbucks, Chick-fil-A, Chipotle, and Burger King. The 3-mile trade area holds 19,728 residents with an average household income of $123,640. The asset sits within the Beaumont-Port Arthur MSA, home to approximately 401,173 residents and anchored by major employers including ExxonMobil, Motiva, Valero, CHRISTUS Southeast Texas, and Baptist Hospitals. Popeyes operates 3,700+ locations worldwide as a subsidiary of Restaurant Brands International (S&P: BB), pairing iconic brand strength with stable, long-term net-lease income.