Popeyes Chicken | 467 Highway 90
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Popeyes Chicken 467 Highway 90
2,297 SF Retail Building Sierra Vista, AZ 85635 $5,350,012 CAD ($2,329 CAD/SF) 5.35% Cap Rate
Investment Highlights
- 2024 Construction. 2,297+/- SF Building on 0.576+/- Acre Site
- Prominent Retail Location – Down the Street from The Mall at Sierra Vista (400,000+ SF) & Surrounded by Many High-Traffic Retailers
- Popeyes Ranks As the World’s Second-Largest Quick-Service Chicken Brand with Over 4,178 Locations Worldwide
- Located on Arizona Highway 90 (23,832+ VPD), the Main Road Running Through the City
- 5 Miles from Fort Huachuca, Home to the U.S. Army Intelligence Center of Excellence
- Sierra Vista | The Largest City in Southeastern Arizona | Population: 45,489+
Executive Summary
Brand New 20-Year Ground Lease with 10% Rental Increases Every 5 Years, In Primary Term & (4), 5-Year Options to Renew
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,297 SF
Building Class
B
Year Built
2024
Price
$5,350,012 CAD
Price Per SF
$2,329 CAD
Cap Rate
5.35%
NOI
$286,226 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.58 AC
Opportunity Zone
Yes
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
1 of 9
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Popeyes Chicken | 467 Highway 90
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