For Sale
$1,794,871

924 Durham Rd Roxboro, NC 27573

2,030 SF Roxboro, NC Retail Building

Overview

Added:
Jan 22
Days on market:
97
This exceptional investment opportunity presents a freestanding Popeyes restaurant situated at 924 Durham Rd, Roxboro, NC 27573. The property boasts a brand-new, 20-year absolute NNN lease with built-in rent increases of 10% every five years, extending through four 5-year option periods. This 2,030 square foot building sits on a 1.01-acre lot and enjoys a prime location directly across from a Walmart Supercenter, ensuring high visibility and consistent traffic. The site benefits from excellent access at the signalized intersection of Durham Road and Oxford Road, experiencing over 40,000 vehicles daily. This strategic location is part of a dense retail corridor, surrounded by national retailers including Dollar Tree, Verizon, AT&T, Jersey Mike's, AutoZone, Burger King, Sherwin Williams, Bojangles, Wells Fargo, McDonald's, Wendy's, CVS Pharmacy, Tractor Supply Company, Family Dollar, Walgreens, O'Reilly Auto Parts, Dollar General, and Pizza Hut. The property offers a low price point for a new 20-year Popeyes lease, making it an attractive investment with minimal landlord responsibilities and a projected net operating income of $105,000. This is a rare chance to acquire a stable, long-term investment with significant upside potential. The property has been occupied since 2020. The asking price is $1,794,871.

Highlights

  • Brand new Popeyes with a 20-year absolute NNN lease.
  • Located across from a Walmart Supercenter in a high-traffic area.
  • Offers a low price point under $1.8M with strong tenant occupancy.

Property Details for 924 Durham Rd

Property type
Retail properties
Square Feet
2,030 SF
Price / Square Foot
$884.17
Class
B
Year Built
2020
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
2,030 SF
Lot Size (sq. ft)
43,996 SF
Net Operating Income
$105,000

Location Insight

City
Roxboro
County
State
North Carolina

FAQs

What type of property is this?
Retail property - 2,030 SF Roxboro, NC Retail Building
Where is the retail property located?
The property is located at 924 Durham Rd Roxboro, NC.
What is the asking price?
The asking price for this property is $1,794,871.
What are key features of this property?
This property features: Brand new Popeyes with a 20-year absolute NNN lease.; Located across from a Walmart Supercenter in a high-traffic area.; Offers a low price point under $1.8M with strong tenant occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
924 Durham Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message