Popeyes – Center Point, Al

Highlights:

• BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease, featuring attractive 7.50% rental escalations every 5 years with four 5-year options to renew!
• TENANT | GUARANTOR: Ram-Z Roost, LLC is an experienced multi-concept owner/operator with 12 Popeyes locations in Alabama. The lease is further guaranteed by Ram-Z Restaurant Group includes 39 Freddy’s restaurants (42 by year-end 2026), making it the 6th largest Freddy’s franchisee in the U.S., and 33 Schlotzsky’s restaurants, making it the largest Schlotzsky’s franchisee in the country (84 TOTAL UNIT GUARANTY). ** All units back the performance of the lease!**
• STRONG SALES PERFORMANCE: Successfully open & operating since 2013 with an attractive 7.54% Rent to Sales Ratio!
• TRAFFIC COUNTS: Situated on a signalized corner on a ±0.71-acre lot with excellent drive-by visibility/ access on Center Point Pkwy with traffic counts of 23,523 CPD!
• 2025 DEMOGRAPHICS: Total Population (5MI): 91,372 | Average Household Income (1MI): $84,346

Description:

Popeyes has a Brand new 20-year Absolute NNN lease, featuring attractive 7.50% rental escalations every 5 years with four 5-year options to renew! The Tenant, Ram-Z Roost, LLC is an experienced multi-concept owner/operator with 12 Popeyes locations in Alabama. The lease is further guaranteed by Ram-Z Restaurant Group includes 39 Freddy’s restaurants (42 by year-end 2026), making it the 6th largest Freddy’s franchisee in the U.S., and 33 Schlotzsky’s restaurants, making it the largest Schlotzsky’s franchisee in the country (84 TOTAL UNIT GUARANTY). It is Successfully open & operating since 2013 with an attractive 7.54% Rent to Sales Ratio!

The Asset is Situated on a signalized corner on a ±0.71-acre lot with excellent drive-by visibility/ access on Center Point Pkwy with traffic counts of 23,523 CPD! Nearby major retailers within 5-miles include Walmart, ALDI, Food Giant, Dollar Tree, Family Dollar, Harbor Freight, America’s Thrift Store, Hibbett, City Gear, NAPA Auto Parts, O’Reilly Auto Parts, Sherwin Williams, CVS, Planet Fitness; Dining options include Chick-Fil-A, McDonald’s, Wendys’, Sonic Drive-In, KFC, Taco Bell, Arby’s, Pizza Hut, Little Caesars, Waffle House, Subway, Krystal, Captain D’s, Church’s Chicken, Hardee’s, etc. 12.5 miles from UAB St. Vincent’s Birmingham - a 409- bed acute care hospital and emergency room that delivers comprehensive, spiritually centered medical & surgical care, offering advanced specialties & state-of-the art services while earning longstanding recognition for excellence; 13 miles from University of Alabama Birmingham - a major public research university & academic health center, known for its strong focus on health sciences, engineering & business, offering extensive undergraduate, graduate & doctoral programs, serving 20,868 students.

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