The subject property is a newly constructed Popeyes drive-thru located in Henderson, North Carolina, within the greater Raleigh metropolitan area. This investment is secured by a brand new 20-year absolute NNN lease, featuring 10% rental increases every 5-years throughout the initial term as well as during each of the four (4) five-year renewal options.
Strategically positioned at a signalized intersection, the property serves as a prominent outparcel to a Food Lion-anchored shopping center. The site benefits from exceptional visibility and accessibility along Dabney Drive, a high-traffic thoroughfare with over 29,000 vehicles passing daily. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.
Located just 40 minutes north of North Carolina’s capital, Henderson benefits from its strategic proximity to Raleigh’s highly educated labor pool—bolstered by prestigious universities such as Duke, UNC-Chapel Hill, and NC State. As a member of the Raleigh MSA, Henderson benefits from enhanced connectivity to major infrastructure, including convenient access to Interstate 85, U.S. Route 1, and Raleigh-Durham International Airport (RDU), supporting efficient logistics and streamlined commuter travel.
National retailers in the immediate vicinity include Food Lion, Petco, Tractor Supply, ALDI, Lowe’s, Walgreens, Shell, Pizza Hut, Chick-Fil-A, Taco Bell, Starbucks, Wendy’s, Bojangles, McDonald’s, Walmart, Marshalls, GameStop, Davita, Planet Fitness, Harbor Freight, Dollar Tree, Subway, KFC, Denny’s, and many more.