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]

Greg LaBarre
Vice President
(619) 997-1242
[email protected]