Investment Overview

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. Annual base rent of $88,694 at a 5.53% cap rate includes scheduled 3% rent increases every three years, providing consistent, compounding income growth throughout the lease term. 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.