Property Highlights
Atlantic Capital Partners has been engaged to offer a free-standing, single-tenant, absolute NNN ground lease to Walmart Neighborhood Market. This Walmart Neighborhood Market is strategically located along a main artery into multiple neighborhoods, servicing them as their local grocery store. Built in 2016 on a new 20-year lease, this property serves as a rare investment opportunity for someone to acquire a Walmart Neighborhood Market with a long lease term remaining and corporate guarantee.
- Long-Term Lease – Rare opportunity to acquire a corporately guaranteed lease by one of the strongest guarantors in the world with over 14 years remaining on the initial term
- Passive Income – Absolute NNN Ground Lease provides for truly passive income
- Successful Walmart Neighborhood Market Location- This Walmart Neighborhood Market ranks in the top 27% of all Walmart Neighborhood Markets in North Carolina
- Proximity to Downtown Greensboro – Just under 4 miles (8 minute drive) to Greensboro, a growing southeastern city
- Synergistic Relationship among Property’s Tenants- Service oriented tenants CVS and Advance Auto Parts (not included in sale) have occupied the premises since 1995, helping drive patron volume to the premises and showcasing the location’s ability to successfully support long-term tenancy
- Ease of Access- The property benefits from 2 points of ingress/egress, including one at a signalized intersection
- E-Commerce Resistant Tenant- Grocery stores have continued to thrive throughout the rising popularity of e-commerce
- High Traffic Counts- Located just 0.4 miles from I-40 (136,000 VPD) | Alamance Church Rd (8,800 VPD) | Old US 421 (18,000 VPD)
- Strategic Location- The property sits on Alamance Church Rd, a main artery to multiple neighborhoods within the area that fit the demographic that Walmart Neighborhood Markets service
- Built in Customer Base- Located just a few miles from UNC Greensboro and NC A&T | Over 30,000 students combined