Popeyes (Walmart-Anchored Development) — Sale in Phenix City, AL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Phenix City, AL 36870

Photos

Popeyes (Walmart-Anchored Development) — Sale in Phenix City, AL, photo 1 of 4
Popeyes (Walmart-Anchored Development) — Sale in Phenix City, AL, photo 2 of 4
Popeyes (Walmart-Anchored Development) — Sale in Phenix City, AL, photo 3 of 4
Popeyes (Walmart-Anchored Development) — Sale in Phenix City, AL, photo 4 of 4

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

Offered for sale is a Long-Term Absolute Net Lease Popeyes located in Phenix City, Alabama, positioned next to a Walmart Neighborhood Market within the Columbus, GA-AL MSA. The lease has 15.1 years remaining on its initial 20-year term, with the tenant responsible for taxes, insurance, CAM, roof, and structure and rent increasing 7.50% every five years. The property sits on a full 1-acre corner lot with excellent access and visibility along US-80 (23,858 VPD), the primary east-west commercial corridor connecting Phenix City to downtown Columbus, Georgia. It is part of an established, multi-phase retail development anchored by Walmart since 2016, with Taco Bell, Dollar Tree, Sonic, and Snappy's Express Car Wash added over the following years. Investment Highlights: • Long-Term Absolute Net Lease With 15.1 Years Remaining • Excellent Access and Visibility on US-80 (23,858 VPD) • Part of an Established, Multi-Phase Retail Development Anchored by Walmart Since 2016 • Positioned Within the Columbus, GA-AL MSA (MSA Population: 324,830), Anchored by Fort Moore and Three Major Corporate Headquarters • 193,519 Residents and a 193,774 Daytime Population Within a 10-Mile Radius • Modern Popeyes Construction Built in 2021 on a Full 1-Acre Corner Lot

Market Context

This food service in Phenix City, AL 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 Phenix City, AL — view the full market.

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