Popeyes Louisiana Kitchen Listing Details & Market Data

1511 Lafayette Pkwy, Lagrange, GA 30241

  • For Sale $2,818,181
  • Property Type Retail - Freestanding
  • Property Size 2,174 SF
  • Lot Size 1 Acre
  • Property Tenancy Single Tenant
  • Year Built 2020
  • Date Updated Feb 26, 2024
LaGrange is a city in and the county seat of Troup County, Georgia. The city's population was estimated to be 30,858 in 2020 by the U.S. Census Bureau. It is the principal city of the LaGrange, Georgia Micropolitan Statistical Area, which is included in the Atlanta-Sandy Springs-Gainesville, Georgia-Alabama (part) Combined Statistical Area. It is about 60 miles southwest of Atlanta and located in the foothills of the Georgia Piedmont. Site Selection magazine ranked LaGrange the #1 Micropolitan area in Georgia, and tied for 16th in the country. It’s a place where business gets done. LaGrange is a growing progressive city just south of the busiest airport in the world, Atlanta’s Hartsfield International. Atlanta Hartsfield–Jackson International Airport. is the primary international airport serving Atlanta, Georgia, United States. The airport is located 10 mi (16 km) south of the Downtown Atlanta district. Hartsfield-Jackson Airport has been the world's busiest airport by passenger traffic since 1998, with over 93.6 million passengers (As of 2022). Hartsfield–Jackson is the primary hub of Delta Air lines. With just over 1,000 flights a day to 225 domestic and international destinations, the Delta hub is the world's largest airline hub and is considered the first mega-hub in America. LaGrange is home to LaGrange College, the oldest private college in the state. Founded in 1831 as a female educational institution, LaGrange is the oldest private college in Georgia. It is affiliated with the United Methodist Church and offers more than 55 academic and pre-professional programs, including graduate degrees in education. The city's proximity to West Point Lake, a few miles to the west, helps attract bass fishermen and water sports enthusiasts to the town..

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Highlights

  • Absolute NNN Lease - Zero Landlord Responsibilities - Tenant is Responsible for All Taxes, Insurance, Maintenance and Management on the Building
  • Lease Guaranteed by (Purple Square Management - 245 Units)
  • 11.5+ Years Remaining on a Lease Equipped with Four, Five Year Options to Renew
  • 10% Rental Increases in the Initial Term and Options - Inflationary Resistant Lease
  • The Subject Property is a High Quality Newly Constructed Popeyes in LaGrange, Georgia
  • Popeyes Louisiana Kitchen is the Second Largest QSR Chicken Restaurant Group with 3,400+ Locations in More than 40 States and 30 Countries Worldwide
  • Drive Thru Equipped Location - Excellent Signage, Ingress and Egress on Lafayette Pkwy
  • Strong Retail Corridor and within Seconds of LaGrange Mall
  • Strong QSR Demographics

Contacts

broker

Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940

Location

Getting Around

  • Walk Score ®

    Car-Dependent (39)
  • Bike Score ®

    Somewhat Bikeable (28)
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  • City LaGrange, GA
  • Neighborhood LaGrange
  • Zip Code 30241

Points of Interest

  • RaceTrac

    0.15 miles

  • Valero

    0.34 miles

  • Chevron

    0.82 miles

  • Shell

    1.03 miles

  • Shell

    2.09 miles

  • Citgo

    2.47 miles

  • Kroger

    2.54 miles

  • Citgo

    2.92 miles

  • 76

    2.95 miles

  • Exxon

    2.97 miles

  • Wendy's

    0.04 miles

  • IHOP

    0.10 miles

  • LongHorn Steakhouse

    0.11 miles

  • Taco Bell

    0.12 miles

  • McDonald's

    0.16 miles

  • Applebee's

    0.18 miles

  • Oyster House

    0.18 miles

  • Zaxby's

    0.19 miles

  • Burger King

    0.21 miles

  • Chick-fil-A

    0.26 miles

  • Belk

    0.13 miles

  • TJ Maxx

    0.20 miles

  • JCPenney

    0.24 miles

  • Walmart Neighborhood Market

    1.95 miles

  • Kroger

    2.56 miles

  • Publix

    2.69 miles

  • Big Lots

    2.78 miles

  • ALDI

    3.00 miles

  • Walmart Supercenter

    3.27 miles

  • Piggly Wiggly

    5.40 miles

Contact Listing Broker

broker

Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940