1702 Raleigh Road Pky W Wilson, NC 27896
Sponsored
Property Features for 1702 Raleigh Road Pky W
General Information
- Property type
- Restaurants
- Square Feet
- 4,200 SF
- Price / Square Foot
- $683
- Total Parking Spaces
- 25
- Elevators
- N/A
- Net Rentable
- 4,200 SF
- Lot Size
- 38,333 SF
- Net Operating Income
- $165,000
Building Details
- Buildings
- 1
- Stories
- 1
Overview
Popeyes NNN Investment Opportunity
This is an investment opportunity featuring a newly constructed 4,200 square foot Popeyes restaurant on a 0.88-acre lot in Wilson, North Carolina. The property has a brand new 20-year absolute NNN lease with 10% rent increases every five years throughout the four 5-year option periods. The location is strategically positioned at a signalized intersection, offering excellent visibility and access. It benefits from its proximity to a Walmart Supercenter, which draws significant traffic. The site experiences high daily traffic counts exceeding 60,000 vehicles per day on Raleigh Road and Forest Hills Road. The property is surrounded by a dense concentration of national retailers, including McDonald's, Hobby Lobby, and Starbucks. The net operating income is $165,000. This location offers investors a stable, long-term investment with zero landlord responsibilities. The property's strong tenant, favorable lease terms, and prime location combine to create a compelling investment proposition with significant potential for long-term appreciation.
HighLights
- New 20‑year absolute NNN Popeyes lease with 10% rent increases every 5 years.
- Strategically located near a Walmart Supercenter in Wilson, NC, at a high‑traffic intersection.
- 4,200 square foot building on a 0.88‑acre lot, generating $165,000 in net operating income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail properties
Location Insight
- Map
- Local Demand
- City
- Wilson
- State
- North Carolina
- Longitude
- -77.950159
- Latitude
- 35.736586
Nearby Comparable
FAQs
What type of property is this?
Restaurant - Wilson, NC Retail Property - Strong ROI
Where is this restaurant located?
The property is located at 1702 Raleigh Road Pky W Wilson, NC.
What is the asking price?
The asking price for this property is $2,869,565.
What are key features of this property?
This property features: New 20-year absolute NNN Popeyes lease with 10% rent increases every 5 years.; Strategically located near a Walmart Supercenter in Wilson, NC, at a high-traffic intersection.; 4,200 square foot building on a 0.88-acre lot, generating $165,000 in net operating income.