1515 E Union St
Vienna, GA 31092

The offering is to acquire the fee simple interest in a NN leased, franchisee guaranteed, drive-thru equipped, Popeyes Louisiana Kitchen, investment property located in Vienna, GA. The tenant, HZ Southeast Props, LP, has approximately 14 years remaining on the initial term with 4 (5-year) options to extend. The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is franchisee guaranteed by HZ Southeast Props, LP and operated by The Dhanani Group, an experienced multi-brand operator operating more than 500 Burger Kings and 170 Popeyes locations. The subject property is situated along E. Union Street/State Highway 215 (5,700 VPD), with direct on/off ramp access to Interstate 75 and over 44,600 vehicles passing by each day. Popeyes is strategically located along Interstate 75 which travels from the tip of Michigan down through the west coast of Florida, exposing the restaurant to thousands of travelers. The site features a drive-thru lane which provides ease and convenience to customers. Drive- thru restaurants on average, generate higher sales than those without. The 5-mile trade is supported by a population of nearly 5,000 with an average household income of $50,500. Property Listed By: Giles Stevens – SRS National; GA RE #275518 / (929) 229-2613