Popeyes

This Popeyes is well located along South Cobb Drive, a major north–south commercial corridor serving Smyrna, Marietta, and surrounding Cobb County communities. The property benefits from strong visibility, easy access, and consistent traffic flow generated by nearby residential neighborhoods and retail uses. The surrounding area features a dense mix of established housing, neighborhood retail, and service-oriented businesses, supporting strong daytime and evening traffic. The property also benefits from convenient access to I-285 and I-75, providing regional connectivity to downtown Atlanta and the broader metro area. Smyrna is a mature and stable suburban market that continues to experience residential growth and redevelopment, making it an attractive location for national quick-service restaurant operators.This investment offering presents the opportunity to acquire a free-standing Popeyes restaurant located north of Atlanta in Smyrna, Georgia, within the highly desirable Cobb County submarket of metro Atlanta. The property is leased to GPS Hospitality Ventures, an experienced franchise operator (over 400 restaurants), with a long-term absolute NNN lease, providing passive income with no landlord responsibilities. The lease commenced in 2013 with an initial 20-year term and includes three x five-year renewal options. Rental increases occur every five (5) years, including during the option periods, providing built-in income growth over the life of the lease. The offering includes ownership of the real estate (not a ground lease), allowing the investor to benefit from depreciation of the building.