Popeyes Marietta, GA

Oswald Cooke & Associates is pleased to offer 1101 Powder Springs Street in Marietta, GA available for sale to a qualified buyer. The property is leased to a 100 unit franchisee that operates Popeyes Louisiana Kitchen. The 15-Year absolute NNN leased property commenced in September 2020 and the tenant has (3) 5-year renewal options with 10% bumps every 5 years and during all options. The 2,200 SF drive-thru is situated on a 0.86 acre parcel at the corner of Powder Springs Street (34,600 VPD) and Natchez Trace SW. Other tenants in the immediate trade area include:  McDonald’s, Firestone, KFC, Taco Bell, Aldi, Zaxby’s, Dairy Queen, Auto Zone, CVS, Family Dollar and many others.

*NOI is based on upcoming rent bump in September 2025.