Papa Johns

Most Papa Johns locations range from 1,200 to 1,800 square feet, often located in inline retail strips, endcaps, or small outparcels. Leases are generally structured as 10- to 15-year NNN or absolute NNN, with 7% to 10% rent escalations every 5 years. Newer leases are increasingly corporate-guaranteed, though many legacy stores are franchisee-backed. Sites are […]