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3501 Lake City Hwy
Warsaw, IN 46580
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
6.15% CAP | 10% Bumps/5 Yrs | Personal Guaranty | US-30 w/ ±25,422 VPD <ul><li>Brand New 20-Year Absolute NNN Lease Commencing June 2026 | Zero Landlord Responsibilities</li><li>Four (4) Five-Year Renewal Options Providing Up to 40 Years of Total Term</li><li>Scheduled 10% Rent Increases Every 5 Years | $160,000 NOI at 6.15% CAP</li><li>Personal Guaranty in Place (Inquire w/ Agent for Details)</li><li>Operated by Award-Winning Franchisee | 2024 Popeyes Developer of the Year & 2022 Franchisee of the Year</li><li>Popeyes Operates 3,700+ Locations Globally as a
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
