Popeyes | NNN | ±14 Yrs | ±141-Unit Operator | 2020… — Sale in Lumberton, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Lumberton, TX 77657

Photos

Popeyes | NNN | ±14 Yrs | ±141-Unit Operator | 2020… — Sale in Lumberton, TX, photo 1 of 3
Popeyes | NNN | ±14 Yrs | ±141-Unit Operator | 2020… — Sale in Lumberton, TX, photo 2 of 3
Popeyes | NNN | ±14 Yrs | ±141-Unit Operator | 2020… — Sale in Lumberton, TX, photo 3 of 3

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Investment Highlights: • NNN Lease with ±14 Years Remaining and Zero Landlord Responsibilities • Scheduled 10% Rent Increases Every 5 Years • Two (2) Five-Year Renewal Options Providing Up to 10 Additional Years • Operated by CSM Group, an Established ±141-Unit Popeyes Franchisee and Back-to-Back Franchisee of the Year (2024, 2025) • Positioned Along S LHS Drive (±23,327 VPD) Near U.S. Highway 96 • Strong Retail Corridor with Walmart, Starbucks, Chick-fil-A, Chipotle, and Burger King • Located Within the Beaumont-Port Arthur MS

Market Context

This food service in Lumberton, TX is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Lumberton, TX — view the full market.

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