PHOENIX—The first newly redesigned prototype for Popeye’s Louisiana Kitchen will be built at the southwest corner of Elliot Road and Priest Drive in Tempe. The site is the first of many that this new Phoenix franchisee is planning for the Arizona market.
While there are existing Popeye’s stores in the Metro market, the Louisiana Kitchen concept is new to the chain and the market. Popeye’s Louisiana Kitchen, Inc. is the world’s second-largest quick-service restaurant chicken concept with 2,225 stores as of the end of last year.
Dave Cheatham, president, Michael Clark, vice president and Nick Ault, associate of Velocity Retail Group represented Popeye’s in the transaction. The landlord TPP JV Maricopa, LLC an entity controlled by Trigate Capital was represented by Clift Johnston of Cassidy Turley BRE.
“Arizona is a key expansion market for our franchise company, by working with Velocity Retail we are able to maximize their experience and relationships in the market to execute our expansion plan,” said Amin Dhanini, president of HZ Props AZ, LLC the entity which will control the Arizona stores.
The new building will be 2,951 square feet and be located on a 23,000-square-foot parcel fronting Elliot Road. It is expected to open by the fourth quarter of this year.