This exceptional investment opportunity presents a newly constructed, 2,040-square-foot Popeyes restaurant building situated on a 0.66-acre lot in Henderson, North Carolina (near Raleigh). The property boasts a brand new 20-year absolute triple-net (NNN) lease with built-in rent increases of 10% every five years, extending through four 5-year option periods. Strategically located at a signalized intersection, this outparcel is part of a Food Lion-anchored shopping center, ensuring high visibility and accessibility. Dabney Drive, where the property is located, experiences over 29,000 vehicles daily. The property benefits from its prime location within a dense retail trade area, surrounded by national retailers including Petco, Tractor Supply, ALDI, Lowe's, Walgreens, Chick-fil-A, Taco Bell, Starbucks, Wendy's, Bojangles, McDonald's, Walmart, Marshalls, GameStop, Dollar Tree, KFC, Harbor Freight, and Planet Fitness. This presents a rare chance to acquire a stable, long-term investment with minimal landlord responsibilities, offering significant potential for passive income growth due to the lease structure and strong tenant performance. The property's established occupancy since 2020 indicates strong store sales and a reliable income stream. This is an ideal investment for those seeking a low-maintenance, high-return opportunity in a thriving retail market. The property's address is 1207 Dabney Dr, Henderson, NC 27536.
Property Features for 1207 Dabney Dr
General Information
Property type
Restaurants
Square Feet
2,040 SF
Price / Square Foot
$1,278
Class
B
Elevators
N/A
Net Rentable
2,040 SF
Lot Size
28,750 SF
Net Operating Income
$150,000
Building Details
Year Built
2020
Buildings
1
Stories
1
HighLights
New 20‑year absolute NNN Popeyes lease with 10% rent increases every 5 years.
2,040 sq ft building situated on a 0.66‑acre lot in a high‑traffic area exceeding 29,000 vehicles daily.
Located at a signalized intersection, this property is part of a Food Lion‑anchored shopping center with numerous national retailers nearby.
The property is located at 1207 Dabney Dr Henderson, NC.
What is the asking price?
The asking price for this property is $2,608,695.
What are key features of this property?
This property features: New 20-year absolute NNN Popeyes lease with 10% rent increases every 5 years.; 2,040 sq ft building situated on a 0.66-acre lot in a high-traffic area exceeding 29,000 vehicles daily.; Located at a signalized intersection, this property is part of a Food Lion-anchored shopping center with numerous national retailers nearby.
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1207 Dabney Dr Henderson, NC 27536
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across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
1207 Dabney Dr Henderson, NC 27536
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1207 Dabney Dr, Henderson, NC
John R Wertz
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1207 Dabney Dr, Henderson, NC
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