1207 Dabney Drive
Henderson (Outside Raleigh), NC 27536
Popeyes
| Offering Summary | |||
|---|---|---|---|
| Price | $2,608,695 | Cap Rate | 5.75% |
| NOI | $150,000.00 | Rentable SF | 2,040 SF |
| Lot Size | 28,575 +/- SF | Year Built | 2020 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Established Historical Occupancy Since 2020 (Strong Store Sales)
- Outparcel to Food Lion Grocery Anchored Shopping Center
- Traffic Counts Exceed 29,000 Vehicles Per Day
- Dense Retail Trade Area with Excellent Access & Visibility
- Signalized Intersection, Hard Corner Location
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