924 Durham Road
Roxboro (Outside Raleigh), NC 27573
Popeyes
| Offering Summary | |||
|---|---|---|---|
| Price | $1,794,871 | Cap Rate | 5.85% |
| NOI | $105,000.00 | Rentable SF | 2,030 SF |
| Lot Size | 1.01 +/- Acres | Year Built | 2020 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- New 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Located Directly Across from Walmart Supercenter
- Traffic Counts Exceed 32,000 Vehicles Per Day on Durham Road
- Dense Retail Trade Area with Excellent Access & Visibility
- Adjacent to Signalized Intersection of Durham Rd & Oxford Rd
- Low Price Point for Popeyes & Historical Occupancy Since 2020
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]