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33899115
33899116

3301 Fayetteville Road, Lumberton, NC 28358

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$1,755,505
7 days on market
Updated 6 days ago

Popeyes | 5.55% CAP | 3% Bumps/3 Yrs | Lumberton, NC

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,397
Net Rentable (SqFt) 3,397
Cap Rate 5.55%
NOI $97,492
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Taco Bell (+9)
Lease Type NNN
Lease Term 10.1
Lease Expiration 02/28/2033
Remaining Term 6.7
Rent Bumps Yes
Lease Options 3 x 5 Years
Year Built 2019
Acreage 0.890
Investment Type Net Lease
Lease Commencement 02/10/2023
Ground Lease No

Franchisee Operated | I-95 at ±59,627 VPD

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Popeyes Louisiana Kitchen located at 3301 Fayetteville Road in Lumberton, North Carolina. The ±3,397-square-foot drive-thru restaurant, built in 2019, sits on ±0.89 acres and is secured by a NNN lease, with three (3) five-year renewal options. Annual base rent of $97,492 reflects a 5.55% cap rate, with scheduled 3% rental increases every three years delivering consistent income growth. The property is operated by a multi-unit Popeyes franchisee.

The property is positioned along Fayetteville Road (US-301, ±26,967 VPD), Lumberton's primary commercial corridor, with direct access to Interstate 95 (±59,627 VPD) and North Roberts Avenue (±28,673 VPD). Adjacent national retailers include Walmart, Lowe's, Wawa, Chick-fil-A, Waffle House, Firehouse Subs, Panera, Wendy's, and Hardee's. Nearby demand drivers include UNC Health Southeastern (450+ beds), Robeson Community College (~6,300+ students annually), and Lumberton High School (1,950 students). The 5-mile trade area holds 30,890 residents with an average household income of $72,288, and the broader Fayetteville MSA encompasses 396,220 residents with a $91,407 average household income, supported by a diversified economy anchored by defense, healthcare, and logistics.

Investment highlights

  • 3% Rental Increases Every 3 Years
  • Three (3) Five-Year Renewal Options (Up to 15 Additional Years)
  • Franchisee Guaranteed Lease | Operated by Multi-Unit Popeyes Franchisee
  • Fayetteville Road at ±26,967 VPD | I-95 Interchange at ±59,627 VPD
  • Surrounded by National Retailers Within Lumberton's Primary Commercial Corridor
  • UNC Health Southeastern (450+ Beds) | Robeson Community College (~6,300+ Students)
  • Fayetteville MSA | 396,220 Population | $91,407 Avg. Household Income

Listing Contacts

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,492.00
$8,124.33/mo

Valuation Metrics

0
DSCR
5.55%
Cap Rate
5.55%
ROI

Map

Zoning

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B4 CommercialGeneral CommercialGeneral Commercial
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Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Charles Gallagher
License
NC 351471
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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