SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, Popeyes investment property located in Bloomingdale, IL (Chicago MSA). The tenant has over 5 years of firm term remaining with an additional 2 (5-year) option periods left to extend. The lease features rare 15% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1972, Popeyes is among the largest QSR operators with roughly 4,000 restaurants around the world.