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Popeyes

5503 Commercial Street Southeast, Salem, Oregon 97306

NNN Pro is pleased to present the exclusive listing for a Popeyes located at 5503 Commercial Street Southeast, Salem, Oregon 97306. The site consists of roughly 2333 rentable square feet of building space on an estimated 1-acre parcel of land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 6/1/2023. The current annual rent is $199,653 and has scheduled increases of 1.75% Annually.

Property
DETAILS
Lease
SUMMARY
Property Type
Retail
Property Subtype
Restaurant - Quick Service
Building Size
2,333 SF
Lot Size
1.00 Acres
Ownership Type
Fee Simple
Year Built
2023
We're Hiring
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