5478 US-280

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Popeyes investment property located in Harpersville, Alabama. The tenant, AIM QSR, LLC, has 17.5+ years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Popeyes is a subsidiary of Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with more than $40 billion in annual system-wide sales and over 30,000 restaurants in more than 100 countries.