Property summary
A newly constructed 4,200-square-foot Popeyes restaurant sits on a 0.88-acre lot in Wilson, North Carolina. The facility is configured for restaurant use and was developed as a single-tenant property under a long-term absolute NNN style lease structure, with scheduled rent increases of 10% every five years across four five-year option periods. The site is positioned at a signalized intersection, providing direct access and visibility, and is located near a Walmart Supercenter along Raleigh Road and Forest Hills Road, where traffic counts have been reported as exceeding 60,000 vehicles per day. The surrounding area includes multiple national retail tenants such as McDonald’s, Hobby Lobby, and Starbucks.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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