Popeyes | 19.5 YR NNN Lease | Aurora, CO 500 S Airport Blvd

We are pleased to offer an attractive investment opportunity with a new 20-year Triple Net (NNN) ground lease, featuring zero landlord responsibilities. This lease structure includes annual rental increases of 2%, extending into the option periods, and provides four renewal periods of five years each, potentially extending the lease term to a remarkable 40 years. The Dhanani Group, a prominent player in the quick-service restaurant (QSR) sector, operates over 2,000 businesses, including approximately 390 Popeyes, 554 Burger Kings, and 42 La Madeleines. With total revenue exceeding $1.7 billion, the group has been recognized as the third-largest franchisee in America, highlighting its strong market presence and stability.
Strategically located in Aurora, a development epicenter adjacent to Buckley Yard—an upcoming master-planned community of 295 residential units—the site benefits from a dense retail, industrial, and military node. Surrounding tenants include major players such as Raytheon, Amazon, and McDonald’s, contributing to exceptional traffic counts of approximately 49,962 cars per day on S Airport Blvd and 32,117 cars per day on E Alameda Pkwy. As the third most populous city in Colorado and part of the thriving Denver metropolitan area, Aurora is recognized for its outdoor recreation, tech innovation, and strong community culture, making this ground lease an exceptional opportunity for investors seeking long-term growth in a dynamic market.