For Sale
$2,608,695

1207 Dabney DrHenderson, NC 27536

2,040 SF Retail Building in Henderson, NC 27536

Overview

Added:
Jan 22
Days on market:
75
The subject property is a newly constructed Popeyes drive-thru located in Henderson (Outside Raleigh), North Carolina. The brand new 20-year absolute NNN lease includes 10% rent increases in the primary term and throughout the (4) 5-year option periods. The property is strategically located at a signalized intersection at the entrance to a Food Lion grocery anchored shopping center. The site benefits from its excellent visibility and access along Dabney Drive, which boasts over 29,000 vehicles per day.
National retailers in the immediate vicinity include Petco, Tractor Supply, ALDI, Lowe’s, Walgreens, Chick-Fil-A, Taco Bell, Starbucks, Wendy’s, Bojangles, McDonald’s, Walmart, Marshalls, GameStop, Dollar Tree, KFC, Food Lion, Harbor Freight, Planet Fitness and many more. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.

Highlights

  • 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years Established Historical Occupancy Since 2020 (Strong Store Sales) Outparcel to Food Lion Grocery Anchored Shopping Center Traffic Counts Exceed 29,000 Vehicles Per Day Dense Retail Trade Area with Excellent Access & Visibility Signalized Intersection, Hard Corner Location

Property Details for 1207 Dabney Dr

Property type
Retail properties
Square Feet
2,040 SF
Price / Square Foot
$1,278.77
Class
B
Year Built
2020
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
2,040 SF
Lot Size (sq. ft)
28,750 SF
Net Operating Income
$150,000

Location Insight

City
Henderson
County
State
North Carolina

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1207 Dabney Dr
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