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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
Fast Food
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Native Grill & Wings
Olive Garden Italian Rstrnt
Navy Federal Credit Union
Dutch Bros
Planet Fitness
Starbucks
Fry’s Food Stores
Chase-sierra Vista & Buena
National Bank of Arizona
Bank of America
  • Listing ID: 33949979

  • Date on Market: 2024-11-21

  • Last Updated:

  • Address: 467 Highway 90, Sierra Vista, AZ 85635

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