The subject property is a newly constructed Popeyes drive-thru located in Knightdale (Raleigh), North Carolina. The brand new 20-year absolute NNN lease includes 10% rent increases in the primary term and throughout the (4) 5-year option periods. The property is strategically located directly in front of a Walmart Supercenter on Knightdale Blvd with traffic counts exceeding 42,000 vehicles per day. Within 5-miles of the subject property there are over 93,000 residents with 9.0% expected population growth over the next 5-years. National retailers in the immediate vicinity include AutoZone, CVS Pharmacy, Walgreens, McDonald’s, Advance Auto Parts, Dunkin’ Donuts, Food Lion, Goodwill, Tractor Supply, Verizon, Arby’s, Chick-Fil-A, Home Depot, Five Guys, IHOP, AT&T, Wells Fargo, Target, Ross, Starbucks, PetSmart, Kohl’s, TJ Maxx, Best Buy, Chili’s, Bank of America, Panera Bread, Firestone, Wendy’s, Taco Bell, KFC, Burger King, Walmart, Lowe’s and many more. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.