1512 N Arendell Ave | Zebulon, NC 27597
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- LoopNet Team
1512 N Arendell Ave
Zebulon, NC 27597
Popeyes | New 20-Year Abs NNN | Raleigh, NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 2023 Construction (New Prototype Location)
- 10% Rent Increases Every 5-Years in Primary Term & Options
- Average Household Income Exceeds $93,000 (5-Mile Radius)
- 20-Year Absolute NNN Lease (Zero Landlord Responsibilities)
- Excellent Access & Visibility Right Off Interstate-264 and N Arendell Ave with Combined Traffic Counts Exceeding 96,000 Vehicles Per Day
- 9.0% Expected Population Growth Over the Next 5-Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,141 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.32 AC
Zoning
HC-CZ
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1796.20-91-6679-000 | Improvements Assessment | $793,606 |
| Land Assessment | $786,782 | Total Assessment | $1,580,388 |
PROPERTY TAXES
Parcel Number
1796.20-91-6679-000
Land Assessment
$786,782
Improvements Assessment
$793,606
Total Assessment
$1,580,388
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