2300 E 5th St Tyler, TX 75701

Posted: 08/14/2017 4:37 pm | On HOMEiZ: 2447 days | Updated: 6 years ago | Views: 3024

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

Last Sold Price

Last Sold Date

08/06/2013

Property Location & Description

Listing Headline

2300 E 5th St Tyler, TX 75701

Property Description

Popeyes Louisiana Kitchen is an American multinational chain of fried chicken fast food restaurants with approximately 2,600 total locations worldwide with 1,500 in the USA. Z&H Foods is a 125 Unit Popeyes operating company headquartered in Sugarland, TX and headed by Amin Dhanani, who was recently awarded Franchisee of the Year from Popeyes Louisiana Chicken.

Tenant Information

Tenant Overview

National Tenants (Public company)

No. of Locations

2,600

Total Revenue

$268.9 million/ 2016

Headquarters

Atlanta, Georgia

Tenancy Type

Tenancy

Single

Tenant is a Franchise

Yes

Number of Tenants

Corporate Overview

Stock Symbol

PLKI

Property Overview

Year built

2014

Overall Property Condition

Excellent

Construction Status

Exist

Total Building Sq. Ft.

2712

Total Lot Size

31642 Sq. Ft.

Net Leasable Area

2712 Sq. Ft.

APN#

N/A

Parking Type

Off-street

Distressed

Number of Floors

Income

Commission split %

Price per Sq. Ft.

Cap Rate

NOI

Rent to sales ratio

Annual Property Tax Rate for this property

Responsibility for Property Tax increase

Tenant

Lease overview

Lease Remaining Years

years:

Renewal Options

Annual Rent Increase %

N/A%

Lease Guarantor

Lease Structure

Lease Type

100% Absolute Triple Net Lease (NNN Lease)

Sewer

Type of Sewer

Sewer System (Public)

Investment Overview

Type of use

Investor

Ownership Overview

Ownership Type

Fee simple absolute

Property Highlights

More information

Listing Info

Listing ID: 662

Sold

For Sale

Listing Presented by

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2300 East 5th Street . Tyler , TX 75701