1207 Dabney Dr - Fast Food FOR SALE


Henderson, NC 27536
$2,542,373 USD
619-218-6427
1207 Dabney Dr, Henderson, NC for Sale
$2,542,373 USD
Fast Food - FOR SALE
1/4
null | 5.9% Cap Rate

1207 Dabney Dr
Henderson, NC 27536


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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,542,373 USD

PRICE/SF

$1,246 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes | New 20-Year Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,575 SF

ZONING

-

APN/PARCEL ID

0013 03056

ASK ABOUT THIS PROPERTY

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.