Property Highlights
Atlantic Capital Partners has been engaged to offer a free standing Discount Tire in Kernersville, NC. This Discount Tire is corporately guaranteed and features a long-term 20 year absolute NNN Ground Lease with Six (6) five- year options to renew. This Discount Tire will be only the Discount Tire in Kernersville, NC and only the second location within a 10 mile radius. The dense retail corridor that the property lies within will help drive significant patron volume to the property.
- Leased and Guaranteed by Discount Tire Corporate
- Favorable Lease Structure (20 Years)
- Scheduled Rental Increases (10% Every 5 Years)
- 1 of 2 Discount Tires Within a 10 Mile Radius (Fills a Gap)
- Winston-Salem Submarket (15 Minutes Away)
- Necessity-Driven Asset (COVID and Recession Resistant)
- Highly Trafficked Corridor (22,000 VPD)
- Robust Retail Trade Area (Walmart, Lowe’s, Target next door)