1512 N Arendell Ave Zebulon, NC 27597

Listing agency Wertz Real Estate Investment j***@wertzrealestate.com Show Phone

Listed by John Wertz · License #CA 01448585

Source Crexi

Added: Apr 12 Updated: Jul 22 at 12:08PM Checked: Jul 22 at 12:08PM

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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.

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

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FAQs

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