7458 W Appleton Ave
Milwaukee, WI 53216
Popeyes · Retail Property For Sale

The Northmarq National Restaurant Group is pleased to offer this single-tenant Popeyes located at 7458 W Appleton Ave, Milwaukee, WI 53216. The property is secured by an absolute NNN lease with 14 years remaining and 10% renewal options every 5 years. The tenant is Popeyes largest operator and the 2nd largest franchisee in the nation, offering consistently high performance.
The property is strategically positioned just off the intersection of Appleton Ave (38,200 VPD) and Capitol Drive (52,600 VPD), which connects to both I-41 (151,279 VPD) to the west and I-43 (154,415 VPD) to the east. The submarket is validated by the most thorough and diligent site-selector among QSRs, 4 McDonald's locations within a 2-mile radius. Further, there are over 2,300+ students passing the site regularly within a 1-mile radius, providing consistent morning and afternoon traffic.
The property is located in an extremely dense residential area of Milwaukee with nearly 170,000 residents within 3 miles. With its long-term absolute NNN lease, strong franchisee guaranty, and surrounding traffic drivers, this offering provides investors with a compelling blend of stability and long-term value.