Popeyes | New 20-Yr NNN SLB | US-412 w/ 33,589 VPD |… — Sale in Springdale, AR
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Springdale, AR 72762
Photos
Investment Figures
- Cap rate
- 5.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present a freestanding Popeyes drive-thru located at 5780 W Sunset Avenue in Springdale, Arkansas, within the Fayetteville-Springdale-Rogers MSA. The ±2,350-square-foot restaurant, built in 2014, sits on ±1.00 acres and will be secured by a new 20-year NNN sale-leaseback to commence at close of escrow, with zero landlord responsibilities and four (4) five-year renewal options. Annual base rent of $80,000 reflects a 5.50% cap rate, with scheduled 10% rent increases every five years. The tenant is HZ Ops Holdings, Inc., a ±190-unit entity, and the restaurant is operated by The Dhanani Group, the largest Popeyes franchisee in the U.S. with 350+ Popeyes locations. The property fronts W Sunset Avenue (U.S. Highway 412, 33,589 VPD) near the Interstate 49 interchange (81,157 VPD), with nearby retailers including Sam's Club, Chick-fil-A, Panera Bread, and KFC. The 3-mile radius holds 26,812 residents with an average household income of $126,120, and 274,760 people live within 10 miles. Area drivers include Har-Ber High School (2,306 students) and the $85 million UAMS Orthopaedics and Sports Medicine Hospital, set to open in spring 2027. Northwest Arkansas has more than 609,000 residents and was ranked the No. 1 Best-Performing Large Metro in the U.S. by the Milken Institute (2026). Popeyes operates 3,700+ locations as a subsidiary of Restaurant Brands International. Investment Highlights: • New 20-Yr NNN Sale-Leaseback to Commence at COE | Zero Landlord Responsibilities • Scheduled 10% Rent Increases Every 5 Years | Four 5-Year Renewal Options • Tenant: HZ Ops Holdings, Inc. (±190 Units) • Operated by The Dhanani Group, the Largest Popeyes Franchisee in the U.S. • Fronts W Sunset Ave (US-412) w/ 33,589 VPD Near I-49 Interchange (81,157 VPD) • Nearby Retailers Include Sam's Club, Chick-fil-A, Panera Bread, and KFC • Near Har-Ber High School (2,306 Students) and the $85M UAMS Hospital Opening 2027 • Northwest Arkansas MSA: 609,000+ Residents,
Market Context
This food service in Springdale, AR is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Springdale, AR — view the full market.
Contact
- Tyler Bindi · (310) 909-2374 · tyler.bindi@marcusmillichap.com
- Jason Fefer · (310) 909-2394 · jason.fefer@marcusmillichap.com
- Steve Greer · (225) 376-6729
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