1702 Raleigh Road Pkwy W
Wilson (Outside Raleigh), NC 27896
Popeyes
| Offering Summary | |||
|---|---|---|---|
| Price | $2,869,565 | Cap Rate | 5.75% |
| NOI | $165,000.00 | Rentable SF | 4,200 SF |
| Lot Size | 38,333 +/- SF | Year Built | 2022 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Historical Occupancy Since 2022 (Above Average Store Sales)
- Located Across from Entrance to Walmart Supercenter
- Traffic Counts Exceed 32,000 Vehicles Per Day on Raleigh Road
- Dense Retail Trade Area with Excellent Access & Visibility
- Located between Two Signalized Intersections with Traffic Counts
Exceeding 60,000 Vehicles Per Day
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]