Log In/Sign Up
1207 S Main St
Kernersville, NC 27284
Discount Tire Ground Lease | 20-Year NNN · Retail Property For Sale
Investment Highlights
- Leased and Guaranteed by Discount Tire - Largest Independent Tire Dealer in the US | Discount Tire had revenue of $5.2B in FY 2021
- Scheduled Rental Increases - 10% Rent Increases Every Five Years during initial term and renewal options
- Winston-Salem Submarket - With an anticipated 5-year population growth rate of 4.5% within a 5-mile radius
- Favorable Lease Structure - 20-Year Lease | Six (6) five-year options | NNN Ground Lease with no landlord obligations
- 1 of 2 Discount Tires Within a 10-Mile Radius - North Carolina has over 37 Discount Tire locations, providing significant market share
- Necessity-Driven Asset - The asset is well-positioned to weather any future pandemic-related closures or disruptions
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,355 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.42 AC
Zoning
C
Parking
20 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
