Popeyes | 3% Bumps/3 Yrs | Sunset Ave w/ ±23,264 VPD… — Sale in Clinton, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Clinton, NC 28328

Photos

Popeyes | 3% Bumps/3 Yrs | Sunset Ave w/ ±23,264 VPD… — Sale in Clinton, NC, photo 1 of 3
Popeyes | 3% Bumps/3 Yrs | Sunset Ave w/ ±23,264 VPD… — Sale in Clinton, NC, photo 2 of 3
Popeyes | 3% Bumps/3 Yrs | Sunset Ave w/ ±23,264 VPD… — Sale in Clinton, NC, photo 3 of 3

Investment Figures

Cap rate
5.91%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Popeyes drive-thru at 1220 Sunset Avenue in Clinton, North Carolina, along the primary commercial corridor of Sampson County within the Fayetteville MSA. The ±2,140-square-foot restaurant, built in 2022, sits on ±0.77 acres and is secured by a NNN lease with three (3) five-year renewal options. The property is operated by a multi-unit Popeyes franchisee . The property fronts Sunset Avenue / US-421 Business (±23,264 VPD) at its intersection with Pierce Street, with US-421 (±28,767 VPD) immediately adjacent and corridor neighbors including Walgreens, CVS, KFC, Waffle House, Ruby Tuesday, Lowe's, and Dunkin' directly surrounding the site. The 3-mile trade area holds 10,632 residents with an average household income of $76,452, and the 5-mile population of 16,625 averages $81,419, supported by Sampson Community College and Clinton High School (833 students). The Clinton trade area is actively growing, with LG Textile Corp opening a new manufacturing facility in October 2025 targeting 210 jobs by 2027, and NCDOT advancing a $4.6 million US-421 resurfacing and infrastructure project through November 2026. The Fayetteville MSA counts 396,220 residents at $91,407 average household income, anchored by Fort Bragg, Amazon, FedEx, and Walmart. Investment Highlights: • NNN Lease | 2022 Construction • Three (3) Five-Year Renewal Options | Up to 22 Years of Total Term • Scheduled 3% Rent Increases Every 3 Years | $88,694 NOI at 5.91% CAP • Experienced Multi-Unit Popeyes Franchisee • Sunset Ave / US-421 Business Frontage | ±23,264 VPD | Adjacent to US-421 (±28,767 VPD) • Adjacent to Walgreens, CVS, KFC, Waffle House, Ruby Tuesday, Lowe's, Dunkin' | Clinton's Primary Retail Corridor • LG Textile Corp New Manufacturing Facility Opened October 2025 | 210 Jobs by 2027 | $4.6M NCDOT US-421 Resurfacing Underway • Fayetteville MSA: 396,220 Population | $91,407 Avg. HH Income | Fort Bragg, Amazon & FedEx Em

Market Context

This food service in Clinton, NC is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Clinton, NC — view the full market.

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