STRONG LEASE FUNDAMENTALS
- 10% rent increase every 5 years and during options periods
- Absolute NNN Ground lease providing no Landlord Responsibilities
- Six (6) - Five (5) year option periods
INVESTMENT GRADE TENANT
- Corporate Guaranty from Investment Grade Tenant - JP Morgan has a Market Cap of $360B (NASDAQ: JPM) with over 5,600 locations across the country
- S&P rating of AA1
WINSTON-SALEM MSA
- Winston Salem has seen steady growth over the past 5 years with its population increasing by almost 2% since the last census
- According to the world population review, Winston-Salem is the fifth most populous city in the state of North Carolina
HIGHLY VISIBLE AND ACCESSIBLE LOCATION
- Located at the lighted intersection of Country Club Rd (21,500 VPD) & Jonestown Rd (20,500 VPD) providing superior visibility into the site
- Adjacent to Cambridge Park Apartments, a 250 unit apartment complex
LOCATED IN HIGH GROWTH RETAIL NODE
- Over 1.6M SF of Retail Space located in a 1-mile radius, boasting a vacancy rate of 2.4%
- Nearby National Retail Tenants include: Walmart Supercenter, Home Depot, Costco Wholesale, Sam’s Club, and much more
INNOVATION QUARTER AND DOWNTOWN WINSTON-SALEM
- Chase Bank is located west of the Innovation Quarter in Winston-Salem
- This area is attracting new businesses and reports indicating over $6 billion in investments and over 11,000 new jobs in the pipeline