This Property is no longer advertised on Showcase.com.
Off Market
1/9

1300 Mockingbird Ln
Sulphur Springs, TX 75482


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
  • CSM Group is an experienced Popeyes franchisee based out of Houston, Texas
  • +/- 100 locations (TX, KS & MO) & robust growth plans that will put their unit count at ±120 locations by end of 2024!
  • New, high-quality, build-to-suit construction of Popeyes newest prototype with 8-car stack drive-thru - slated for opening commencement Jan 2024
  • Positioned on the southeast corner of Mockingbird Ln & Shannon Rd E with excellent access on Mockingbird Ln and drive-by visibility from I-30
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 18,848 | Average Household Income (1-MI): $104,146 | traffic counts exceed 39,830 CPD!

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

POPEYE'S (NEW 20 YR. NNN) SULPHUR SPRINGS, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Freestanding, Restaurant

TOTAL BUILDING SIZE

2561

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R000006780