4422 Sunset Road
Charlotte, NC 28216

Popeyes

Offering Summary
Price $3,375,000 Cap Rate 4.00%
NOI $135,000 Rentable SF 2,400 SF
Lot Size 1.09 Acres Year Built 2022
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • Brand New 2022 Construction (New Prototype)
  • 20-Year Absolute NNN Lease with 1.5% Annual Rent Increases
  • Traffic Counts Exceed 30,000 Vehicles Per Day on Sunset Road & 93,000 Vehicles Per Day on Interstate-77
  • 177,000 Residents within 5-Miles of Subject Property Exceeding 38,000 Vehicles Per Day
  • Average Household Income Exceeds $73,000 (5-Mile Radius)
  • 6.0% Expected Population Growth Over the Next 5-Years

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com