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924 Durham Rd Roxboro, NC 27573

Sponsored
For Sale
$1,794,871

2,030 SF Roxboro, NC Retail Building

Property size:
2,030 SF

Description

Added:
Jan 22, 2025
Days on Market:
349
This exceptional investment opportunity presents a freestanding Popeyes restaurant situated at 924 Durham Rd, Roxboro, NC 27573. The property boasts a brand-new, 20-year absolute NNN lease with built-in rent increases of 10% every five years, extending through four 5-year option periods. This 2,030 square foot building sits on a 1.01-acre lot and enjoys a prime location directly across from a Walmart Supercenter, ensuring high visibility and consistent traffic. The site benefits from excellent access at the signalized intersection of Durham Road and Oxford Road, experiencing over 40,000 vehicles daily. This strategic location is part of a dense retail corridor, surrounded by national retailers including Dollar Tree, Verizon, AT&T, Jersey Mike's, AutoZone, Burger King, Sherwin Williams, Bojangles, Wells Fargo, McDonald's, Wendy's, CVS Pharmacy, Tractor Supply Company, Family Dollar, Walgreens, O'Reilly Auto Parts, Dollar General, and Pizza Hut. The property offers a low price point for a new 20-year Popeyes lease, making it an attractive investment with minimal landlord responsibilities and a projected net operating income of $105,000. This is a rare chance to acquire a stable, long-term investment with significant upside potential. The property has been occupied since 2020. The asking price is $1,794,871.

Property Features for 924 Durham Rd

General Information

Property type
Restaurants
Square Feet
2,030 SF
Price / Square Foot
$884
Class
B
Elevators
N/A
Net Rentable
2,030 SF
Lot Size
43,996 SF
Net Operating Income
$105,000

Building Details

Year Built
2020
Buildings
1
Stories
1

HighLights

  • Brand new Popeyes with a 20‑year absolute NNN lease.
  • Located across from a Walmart Supercenter in a high‑traffic area.
  • Offers a low price point under $1.8M with strong tenant occupancy.
Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Roxboro
State
North Carolina
Longitude
-78.982958
Latitude
36.378978

FAQs

What type of property is this?
Restaurant - 2,030 SF Roxboro, NC Retail Building
Where is this restaurant located?
The property is located at 924 Durham Rd Roxboro, NC.
What is the asking price?
The asking price for this property is $1,794,871.
What are key features of this property?
This property features: Brand new Popeyes with a 20-year absolute NNN lease.; Located across from a Walmart Supercenter in a high-traffic area.; Offers a low price point under $1.8M with strong tenant occupancy.
More about this property
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