Drive-Through Restaurant NNN
For Sale
Contact for pricing
1512 N Arendell Ave, Zebulon, NC 27597
Newly constructed Popeyes drive-thru is offered with a 20-year absolute NNN lease.
Days on Market112
Property Features for 1512 N Arendell Ave
General Information
Standard status
Active
Property subtype
Retail
Lease Type
NNN
Site & Location
Traffic Count
96,000 vehicles/day
Highway Access
Yes
Additional Details
Lease Term
240 months
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 22 at 12:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
The property is a newly constructed Popeyes drive-thru designed for quick service restaurant operations. The offering includes a brand new 20-year absolute NNN lease with 10% rent increases during the primary term and throughout the four (4) five-year option periods, limiting landlord involvement during the lease term.
The restaurant is located in Zebulon, North Carolina, immediately off Interstate-264 and N Arendell Ave, where combined traffic counts exceed 96,000 vehicles per day. Interstate-264 serves as the primary thoroughfare connecting Zebulon to downtown Raleigh.
Nearby retailers and national brands include Taco Bell, McDonald’s, Arby’s, Food Lion, Belk, Subway, Napa, Sonic Drive-In, Waffle House, Sheetz, Truist Bank, Valero, and Bojangles, among others.
The restaurant is located in Zebulon, North Carolina, immediately off Interstate-264 and N Arendell Ave, where combined traffic counts exceed 96,000 vehicles per day. Interstate-264 serves as the primary thoroughfare connecting Zebulon to downtown Raleigh.
Nearby retailers and national brands include Taco Bell, McDonald’s, Arby’s, Food Lion, Belk, Subway, Napa, Sonic Drive-In, Waffle House, Sheetz, Truist Bank, Valero, and Bojangles, among others.
Key Highlights
- Newly constructed Popeyes drive‑thru in Zebulon (Raleigh), North Carolina
- 20‑year absolute NNN lease with 10% rent increases during the primary term and each of the (4) 5‑year option periods
- Located immediately off Interstate‑264 and N Arendell Ave with combined traffic counts exceeding 96,000 vehicles per day
Property Analytics
Current Use
Lease Details
96,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Home Improvements & Furnishings 30%
AutoZone
Shops & Services
4,849 visits/mo
0.1 miles
Zebulon True Value
Home Improvements & Furnishings
4,518 visits/mo
0.5 miles
PNC Bank
Shops & Services
2,885 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
2,594 visits/mo
0.2 miles
Demographics for 27597, NC
27,178
Population
11,440
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
118.5 sq mi
ZIP Area
229
Density / Sq Mi
$81,862
Median Household Income
$45,609
Median Earnings
$985
Median Rent
$272,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed Popeyes drive-thru is offered with a 20-year absolute NNN lease.
Where is this nnn property located?
The property is located at 1512 N Arendell Ave Zebulon, NC.
What are key features of this property?
This property features: Newly constructed Popeyes drive‑thru in Zebulon (Raleigh), North Carolina; 20‑year absolute NNN lease with 10% rent increases during the primary term and each of the (4) 5‑year option periods; Located immediately off Interstate‑264 and N Arendell Ave with combined traffic counts exceeding 96,000 vehicles per day