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Off Market
1/7

4818 Apex Hwy
Durham, NC 27713


HIGHLIGHTS

  • 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
  • Historical Occupancy Since 2023 (Strong Store Sales)
  • 3-Miles from Raleigh Durham International Airport
  • Traffic Counts Exceed 38,000 Vehicles Per Day
  • Average Household Income Exceeds $129,000 (5-Mile Radius)
  • Dense Trade Area with Over 135,000 Residents in 5-Miles and 8.0% Expected Population Growth Over the Next 5-Years

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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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

2030

STORIES

1

YEAR BUILT

2023

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

153946