SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased investment property located in Statesville, North Carolina. The tenant recently executed a brand new 5-year lease with one (1) additional 5-year renewal option, providing stable in-place income with extension potential. The lease features scheduled 2% annual rental increases throughout the primary term and option period, steadily growing NOI and providing a hedge against inflation. The tenant is responsible for insurance, utilities, and all maintenance and repairs to the premises, while real estate taxes are fully reimbursed to the landlord, resulting in minimal landlord responsibilities. Constructed in 2022, the property features high-quality materials, modern finishes, and drive-thru infrastructure.