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April 19, 2019
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AZ Popeye’s Goes for $636/sf

3/27/19

A 2.2k sf Popeye’s Louisiana Kitchen in Phoenix sold for $1.4 mil ($636/sf). The property, located at 6540 W. Thomas Rd, was purchased by Williams Real Estate Holdings LLC of Bend, OR.

Built in 2007, Popeye’s is located on an outer parcel of a retail center anchored by Food City and Family Dollar. The Popeye’s is a Z&H Foods Inc franchise – currently the largest franchisee in the Popeye’s chain with over 270 locations across Texas, Arizona, Utah, Colorado, Illinois, Missouri and Ohio.

Chris Hollenbeck of Cushman & Wakefield represented the seller, Sacramento-based SIE LLC and Ivan & M LLC. Popeye’s is the second largest quick serve restaurant chicken concept in the world.





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