4818 Apex Hwy Durham (Raleigh), NC 27713

This exceptional investment opportunity presents a newly constructed Popeyes restaurant located at 4818 Apex Hwy, Durham (Raleigh), NC 27713. 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 ensures a stable, long-term income stream with minimal landlord responsibilities. Situated on 1.03 acres, the 2,030 square foot building benefits from its prime location minutes from Raleigh Durham International Airport and adjacent to a Food Lion-anchored shopping center. The site enjoys exceptional visibility and accessibility along Apex Highway, a major thoroughfare with over 38,000 vehicles daily. Its proximity to Interstate-40, carrying over 139,000 vehicles daily, further enhances its strategic position. The surrounding area is densely populated, with over 135,000 residents within a 5-mile radius and a projected 8% population growth over the next five years. Average household income within this 5-mile radius exceeds $129,000. The property is surrounded by a variety of national retailers, including Taco Bell, Chick-fil-A, Pizza Hut, Jiffy Lube, Pep Boys, Sherwin Williams, CVS Pharmacy, Firestone, FedEx, McDonald's, Wendy's, Dunkin' Donuts, AutoZone, Arby's, Big Lots, PNC Bank, and Walgreens, creating a robust and thriving commercial environment. This investment offers a secure, passive income opportunity with significant long-term growth potential. The asking price is $3,303,571, and the property generates a net operating income of $185,000.