Listing Agency: Faris Lee Investments j***@farislee.com Show Phone

Listed By: Hunter Steffien · License #CA 02036521

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:07AM

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Investment Insights

Based on property information with market context.

This newly constructed drive-through restaurant is identified as Checkers and carries a 20-year absolute NNN lease structure. The property is located at 2520 Fayetteville St in Durham, near Duke and NCCU.

Key Highlights

• Checkers‑branded drive‑through restaurant
• New construction
• 20‑year absolute NNN lease structure

Property Analytics

Property Profile

Current Use

CoCo Jazz And Arts ... Hotel & Motel ChargePoint Charging Station Electric Vehicle Charging Station Checkers Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

398

Businesses Nearby

22k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 100%

Food Lion Grocery Store Groceries

21,983 visits/mo 0.5 miles

Demographics for 27707, NC

49,787

Population

23,528

Households

2.1

Avg Household Size

34

Median Age

57%

College-Educated

92%

High-School Grad

20.7 sq mi

ZIP Area

2,405

Density / Sq Mi

$72,432

Median Household Income

$45,803

Median Earnings

$1,364

Median Rent

$371,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - New construction positioned near Duke and NCCU.

Where is this drive through restaurant located?

The property is located at 2520 Fayetteville St Durham, NC.

What are key features of this property?

This property features: Checkers‑branded drive‑through restaurant; New construction; 20‑year absolute NNN lease structure