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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Fec98de3c-9cc1-4c8e-8b7d-24929dda48c6%2F02d5a2e3-9c34-4a39-a4d8-9600a4d8ddd7" onerror="this.style.display='none'" alt="City BBQ | Winston-Salem, NC | 6.50% Cap Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 City BBQ | Winston-Salem, NC | 6.50% Cap
 
 Winston-Salem, NC 
 By Atlantic Retail

 <a href="/user/662e5558-4782-4a2d-8c79-14c896e7fc55" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">David Hoppe</a>
 
 Head of Net Lease Sales
 
 
 <a href="tel:980-498-3293" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">980-498-3293</a>
 

 <a href="https://platform.reverecre.com/project/ec98de3c-9cc1-4c8e-8b7d-24929dda48c6" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Atlantic Capital Partners, the investment sales platform of Atlantic Retail, offers institutional quality real estate advisory services that include sale, financing and debt placement, and recapitalization of retail properties throughout the US.

For more than 29 years, our brokers have been earning client confidence through diligent deal-making, savvy market insight, and above-and-beyond service.

Clients rely on our deep market knowledge, solid industry relationships, and deal-making experience to successfully navigate sophisticated transactions. Whether it’s realizing an aggressive regional expansion plan or helping a long-time owner reinvent a complex retail property, our dedicated and resourceful brokers help you move ahead with confidence.

Head of Net Lease Sales

City BBQ currently has over 70 locations | Expected growth of 100+ stores by 2025 | City BBQ AUV is $3.7M

10 Year Abs. NNN - Ground Lease | 10% rental increases every 5 years including options
| Three (3) - five (5) year options | No LL responsibilities

Newly built City BBQ with drive thru | Warranties will be assigned to the new owner

Over 50K people live within a 3-mile radius | Average household income exceeding $85K | More than 165K residents live within a 15 minute drive time

More than 20.5K cars travel Jonestown Rd a day | Over 1.9MSF of retail located in 1 mile radius | Nearby National Tenant’s include: Walmart Supercenter, Hobby Lobby, Target, & Home Depot

Over 1.7M people live in the MSA | Total GDP produced by the MSA exceeds $41B | Home to two fortune 500 companies (Lab Corp, Hanesbrands)

Sales Team

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of City BBQ | Winston Salem, NC. The Premises is leased to City BBQ for a 10 year initial term, with three (3) - five (5) year options. The Asset is well positioned directly off of Jonestown Rd and located in the main retail hub in Winston Salem, NC.

David joined Atlantic Retail in 2019 as an Investment Advisor in the Charlotte office. Coming from previous jobs with three of the world’s largest real estate firms, David brings a wealth of knowledge, experience and best practices to Atlantic in order help our clients facilitate 1031/1033 tax-exchanges, advertise and sell Shopping Centers and Triple-Net (NNN) Assets, and conduct Sale-Leaseback transactions for private and institutional property owners. David’s clients include National & Regional Developers, High Net Worth Investors, Public REITs, and numerous Real Estate Funds & Partnerships.

David is a South Carolina native and a proud alumnus of Clemson University. He is an avid sports & fitness enthusiast, so much of his free time is spent working out at the gym, playing golf or basketball, and running local trails around the city. David currently lives in Charlotte, NC with his wife, Courtney, but his business extends nationwide with property sales over the last two years in NC, SC, GA, FL, TN, VA, TX, AZ, CO, and NV.

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