Take 5

Brand new 2024 build to suit construction
15-Year absolute NNN lease with zero landlord responsibilities
Rent commencement date shall be the close of escrow
10% rent increases every 5 years beginning in year 6 and continuing through all option periods
The subject property qualifies for bonus depreciation (discuss with a tax professional)
Full term guarantee from an established franchise (±45 location by year end)
Traffic counts exceed 36,000 vehicles daily (Intersection of Hwy 87 & Route 421)
5-Mile population of 40,000 residents, with an estimated growth of 6.38% over the next 5-years
Average household income of ± $75,000 annually (ideal for full service oil change business)
Sanford is located in Central North Carolina and is just 40-miles Southwest of Raleigh (State Capitol)
Booming retail corridor with Lidl, Walmart, Chick-fil-A, Harbor Freight, Murphy USA, Cracker Barrel, Ruby Tuesday, Zaxby’s, and several other national retailers nearby. Additionally, this site benefits from having a Ford, Nissan, Toyota and GMC car dealerships right next door

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