1512 North Arendell Avenue
Zebulon (Raleigh), NC 27597


Offering Summary
Price $2,750,000 Cap Rate 6.00%
NOI $165,000.00 Rentable SF 2,141 SF
Lot Size 1.32 Acres Year Built 2023
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • Brand New 2023 Construction (New Prototype Location)
  • 20-Year Absolute NNN Lease (Zero Landlord Responsibilities)
  • 10% Rent Increases Every 5-Years in Primary Term & Options
  • Excellent Access & Visibility Right Off Interstate-264 and N Arendell
    Ave with Combined Traffic Counts Exceeding 96,000 Vehicles Per Day
  • Average Household Income Exceeds $93,000 (5-Mile Radius)
  • 9.0% 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

Greg LaBarre
Vice President
(619) 997-1242