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, financials available upon acceptance of LOI)
5-Mile population of 40,957 residents
Located at the hard signalized corner of N Bragg Blvd & New St, which see a approximately 43,000 vehicles daily
Spring Lake is home to Fort Bragg Military base, one of the largest military bases in the US with roughly 48,775 active-duty soldiers and 70,109 active-duty family members

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