Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Popeyes drive-thru located at 300 Ferry Drive in Bridge City, Texas, within the Beaumont-Port Arthur MSA. The ±2,207-square-foot restaurant, built in 2022, sits on ±0.76 acres and is secured by an NNN lease with approximately 16 years remaining through July 2042, zero landlord responsibilities, and two (2) five-year renewal options. Annual base rent of $132,000 delivers a 6.00% cap rate, with scheduled 10% rent increases every five years providing consistent income growth and inflation protection. The property 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 Ferry Drive (±9,157 VPD) near its signalized intersection with Texas Avenue (±27,529 VPD), Bridge City's primary commercial corridor, with neighbors including Walmart, McDonald's, KFC, Sonic, and Dollar Tree. The 3-mile trade area supports 12,759 residents with an average household income of $134,314, and the 10-mile radius encompasses 127,355 residents. The Beaumont-Port Arthur MSA is home to approximately 401,173 residents and the #1 and #4 largest U.S. refineries, with significant regional growth driven by the $8.5 billion Golden Triangle Polymers plant and $1.175 billion USG Corporation production facility under development along the Highway 87 corridor. Popeyes operates 3,700+ locations worldwide as a subsidiary of Restaurant Brands International (S&P: BB), pairing iconic brand strength with stable, long-term NNN income.