765 Indeneer Dr - Freestanding FOR SALE


Kernersville, NC 27284
$950,000 USD
980-498-3293
765 Indeneer Dr, Kernersville, NC for Sale
$950,000 USD
Freestanding - FOR SALE
1/4
null | 6.35% Cap Rate

765 Indeneer Dr
Kernersville, NC 27284


HIGHLIGHTS

  • INSTITUTIONAL-GRADE CREDIT BACKING
  • ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES
  • RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS

OVERVIEW

INSTITUTIONAL-GRADE CREDIT BACKING -The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials. ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES - The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord. RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS - Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions. MISSION-CRITICAL FLEET FUELING INFRASTRUCTURE - Directly along the I-40 corridor between Winston-Salem and Greensboro. The site captures 86,500+ combined AADT from NC 66 S (30,000 AADT) and Salem Pkwy (56,500 AADT). ESTABLISHED INFILL LOCATION WITH STRONG LOCAL ACCESS - Positioned along Indeneer Drive with direct connectivity to NC-66 and immediate access to I-40, the site is embedded within an established commercial and industrial corridor serving Kernersville's growing logistics and distribution base. GROWING TRIAD MARKET - The site serves a 5-mile trade area with a population of 64,911 and average household income of $104,396 — reflecting an above-average income demographic and a commercially mature corridor with long-term fleet fueling demand.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$551 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Corporate Quarles | Kernersville, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

GI

APN/PARCEL ID

6885-67-0458

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.