Atlantic Capital Partners has been exclusively engaged
to solicit offers for the sale of Advanced Auto Parts
located in Winston-Salem, North Carolina. This 6,831
SF asset sits as an outlot to Walburg Towne Center, a
Food Lion-anchored shopping center that sees over
1.5M annual visitors. This asset is strategically located
at the signalized intersection of NC 109 & Gumtree
Road which sees 32,100 vehicles per day.
Located at 10455 NC-109, Advance Auto Parts signed
a 15-year lease in 2013 and is set to expire in November
2028. The lease features 5% rental increases at the
start of its three (3), five (5) year options. Advance
Auto Parts is paying $118,362. This offering presents
an excellent opportunity to acquire a stable asset in a
retail market servicing the suburban communities of
Winston-Salem.