1515 E Union St - Fast Food FOR SALE


Vienna, GA 31092
$1,400,000 USD
248-554-5709
1515 E Union St, Vienna, GA for Sale
$1,400,000 USD
Fast Food - FOR SALE
1/4
null | 7.58% Cap Rate

1515 E Union St
Vienna, GA 31092


HIGHLIGHTS

  • Highway interchange location directly serving Interstate 75 with over 48,000 VPD.
  • Tenancy by Popeyes, the largest U.S. quick-service chicken concept with global recognition.
  • 5+ years remaining on a double-net lease with fee-simple ownership and predictable rent structure.
  • Attractive rent escalations of 10% occurring every five years.
  • Immediate access to major travel routes and dense retail nodes, supporting consumer flow.
  • Large parcel with ample parking and efficient drive-thru configuration for high throughput.

OVERVIEW

This offering presents a strong passive investment opportunity with a single-tenant Popeyes located along Interstate 75 in Vienna, GA. The property operates under a double-net lease with fee-simple interest, providing limited landlord responsibilities and predictable cash flow. The tenant, an experienced multi-brand operator, is a guarantor holding the largest Popeyes franchisee position, reinforcing long-term stability. The location benefits from exceptional highway visibility and access with over 48,000 vehicles per day and serves as a critical stop for regional travelers on the route from Michigan to Florida. The surrounding area features prominent national retailers, fuel stations, and hospitality operators, allowing significant synergy and steady consumer traffic flow. Investors gain security through a well-established Popeyes brand supported globally by Restaurant Brands International, ensuring sustained consumer demand and strong operational performance. Lease terms include rental escalations of 10% every five years with multiple renewal options, extending income potential for years ahead.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$482 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

C-2

APN/PARCEL ID

63A000009

ASK ABOUT THIS PROPERTY

Ayson ShammamiAPEX Commercial Real Estate AdvisorsMore Info
248-554-5709

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Ayson ShammamiAPEX Commercial Real Estate AdvisorsMore Info
248-554-5709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.