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 the base term and all option periods
The subject property qualifies for bonus depreciation (discuss with your tax professional)
Full term guarantee from an established franchisee (±45 location by year end)
Growing population – estimated increase of 14.81% (5-mile) and 20.32% (10-mile) over the next 5-years
Shallotte is located along the coast line and is in close proximity to several beaches such as Holden Beach, Ocean Isle Beach, and Sunset Beach
Located along Main Street / U.S. 17 Business — a primary commercial corridor in Shallotte, NC, with high daily traffic volumes and excellent visibility
Surrounded by nationally recognized tenants including Starbucks, Chick-fil-A, Walmart, Circle K, Lowe’s, Home Depot, Verizon, and many more

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