ATTRACTIVE LEASE FUNDAMENTALS
- 10% rent increase every 5 years and during options periods
- Absolute NNN Ground lease providing no Landlord Responsibilities
- Four (4) - Five (5) year option periods
HIGHLY ACCESSIBLE LOCATION
- Located on a corner lot of at the lighted intersection on Hwy 54 (17K VPD) & Hwy 751 (19K VPD) with ingress and egress on both streets
- Less than 1-mile to two I-40 Exits
- Across the street from Harris Teeter anchored Hope Valley Commons
HIGH GROWTH TRIANGLE NC
- The Triangle (Raleigh, Durham, and Chapel Hill) is the 10th fastest growing region in the US since 2020
- 5.6% population growth Since 2020
- Over 2.1M people live in the NC Triangle
INVESTMENT GRADE TENANT
- TD Bank ranked #64 on Fortune 500 list
- Over $324B held in deposits
- Over $36.1B in Revenue
- S&P Rating: AA-
DOORSTEP OF RESEARCH TRIANGLE PARK
- The Subject site is less than 10 miles (~10 minute drive time) to RTP
- The Research Triangle Park (RTP) is the largest research park in the nation, spanning over 7K acres
- Over 250 business are stationed there, which includes Bayer, IBM, Cisco
NEW CONSTRUCTION BANK IN PROMINENT RETAIL NODE
- The Tenant is constructing the building with its newest and state-of-the-art prototype
- Over 621K SF of retail space is located within a 1-mile radius boasting a 0.3% vacancy rate
- Nearby retailers include Harris Teeter, Taco Bell, Fifth Third Bank, & Advance Auto Parts