Popeyes

For Sale

3350 South Cobb Drive , Smyrna (Atlanta MSA), GA 30080

This Smyrna (Atlanta MSA) property for sale is located at 3350 South Cobb Drive . The current listed sale price for Popeyes is $2,420,000. Popeyes is situated on a lot that is 0.72 acre in size.

Contacts

Elliott Kyle

Skyline Seven Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 2,256 SF
  • Units 1
  • Lot Size 0.72 Acre
  • Property Tenancy Single Tenant
  • Year Built 1989
  • Date Updated Aug 17, 2026
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 C&M Foods Group LLC, which acquired a 14-unit Popeyes Louisiana Kitchen portfolio across Georgia and is backed by experienced multi-unit franchise operators with extensive restaurant and real estate experience. The long-term absolute NNN lease provides 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.
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Highlights

  • 96,356 residents within 3 miles and 238,818 residents within 5 miles, both projected to grow - average household incomes ranging from $117,840 to $129,428.
  • Freestanding restaurant with fee-simple real estate ownership, providing depreciation benefits - large corner lot.
  • Highly visible location north of Atlanta along South Cobb Drive, a major commercial corridor in Smyrna and greater Cobb County, with 31,000 cars passing per day.
  • Leased to C&M Foods Group LLC, operator of a 14-unit Popeyes Louisiana Kitchen portfolio across Georgia, backed by experienced multi-unit franchise operators with extensive restaurant and real estate experience. Lease guarantee with GPS Hospitality, which recently sold the 14 restaurants to C&M.
  • Long-term Absolute NNN lease ending in 2033, with rent increases every five years, and three x five-year renewal options - the restaurant was remodeled in 2015
  • Popeyes is a globally recognized and fast-growing QSR brand with strong international brand loyalty - over 4,000 restaurants globally.
  • Strong north Atlanta suburban retail market with dense surrounding residential.

Getting around

  • 69/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Smyrna (Atlanta MSA), GA
  • Neighborhood Cardinal Lake Manor
  • Zip Code 30080
  • Market Atlanta

Points of Interest

  • Hamilton E. Holmes

    8.80 miles

  • Bankhead

    8.99 miles

  • Buckhead

    9.39 miles

  • West Lake

    9.52 miles

  • Lindbergh Center

    9.80 miles

  • Shell

    0.12 miles

  • Texaco

    0.17 miles

  • 76

    0.25 miles

  • Kroger

    0.28 miles

  • Citgo

    0.48 miles

  • Chevron

    0.68 miles

  • BP

    1.11 miles

  • Electrify America

    3.46 miles

  • Volta

    3.60 miles

  • Tesla Supercharger

    4.25 miles

  • Residental Car Parking

    3.42 miles

  • Yellow Parking

    3.52 miles

  • Purple Parking

    3.54 miles

  • Green Parking

    3.59 miles

  • Cobb Galleria Centre Blue Deck

    3.62 miles

  • Silver Parking

    3.64 miles

  • Cobb Galleria Centre Red Deck

    3.67 miles

  • Floyd Road Park & Ride Lot

    3.69 miles

  • Braves 9

    3.72 miles

  • Cobb Galleria Centre Green Deck

    3.73 miles

  • Popeyes

    0.00 miles

  • Waffle House

    0.07 miles

  • Domino's

    0.08 miles

  • Monterrey Mexican Restaurant

    0.08 miles

  • ATL Wings & Seafood

    0.10 miles

  • Little Caesars

    0.13 miles

  • Dunkin'

    0.14 miles

  • Subway

    0.18 miles

  • Mariscos Las Islitas

    0.22 miles

  • Captain D's

    0.23 miles

  • Kroger

    0.34 miles

  • Food Depot

    0.34 miles

  • Big Lots

    0.98 miles

  • Publix

    1.22 miles

  • Nam Dae Mun Farmers Market

    2.02 miles

  • Supermercado Mi Pueblo

    2.16 miles

  • Supermercado Talpa

    2.28 miles

  • Brito Supermarket & Taqueria

    2.32 miles

  • Supermercado Jalisco

    2.44 miles

  • TJ Maxx

    3.18 miles

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