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Restaurant For Sale • 2,433 SF
| Long term absolute NNN Ground lease that features zero landlord responsibilities or expenses |
| Subject property (0.68 acres) was built brand new in 2022 and features Popeye’s latest and most modern prototype with drive-thru and dedicated off-str |
| Franchisee corporate guaranty by AP Northeast Management, LLC, a multi-unit fast-food operator with locations across multiple states |
| 10% rental increases every five years in the base term and larger 12% rental increases in both option periods |
| Located along Edgmont Avenue (Route 352), the main retail corridor in this submarket, with great visibility and multiple points of access |
| Located just 13 miles from Center City Philadelphia, in an affluent (AHHI $119K+) and densely populated (215K+) submarket with regional accessibility |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Chester Transportation Center (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) | 5 min | - | 2.6 mi |
| Wallingford (R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) | 7 min | - | 2.6 mi |
| Airport | Drive | Walk | Distance |
| Philadelphia International | 17 min | - | 8.8 mi |
