SECURE INCOME STREAM
• New 15-Year Corporate Lease, 6% Rent Increase in Year 11
• Updated Prototype Design with Concrete Parking Lot
• Investment Grade Tenant, Rated ‘BBB’ by S&P
• Stock Price Increased 55% in Last 12 Months
• Government Declared Essential Retailer
• New 2020 Construction, Minimal Landlord Responsibilities
• Adjacent to Research Triangle Park (RTP), the Largest Research and Science Park in the U.S. with 24 Million SF of Commercial Space Occupied by 300+ Companies and 55,000 Employees on Over 7,000 Acres

STRONG MARKET FUNDAMENTALS
• Hard Corner Location with Excellent Visibility to 38,280 Cars/Day
• 132,075 Residents in Rapidly Growing Trade Area with an Average Household Income of $101,311
• Strong Daytime Population of 145,272 within 5 Miles
• 8 Miles to Duke University with 15,634 Students and 8,880 Employees and North Carolina Central with 8,207 Students
• 1 Mile to IBM Campus, the Largest Employer in the Research Triangle Park with over 8,000 Employees

 

PROXIMITY
• Recent Employer Announcements in the RTP Include Eli Lilly ($474M Investment and460+ Jobs) and Credit Suisse (1,200+ Jobs)
• RTP is Investing $1 Billion into a New Urban Center Featuring Retail, Office, Residential, Hotel and Green Space Across 100 Acres
• Close Proximity to Brier Creek Commons, a 771K SF Open-Air Lifestyle Center with Target, T.J. Maxx, BJ’s Wholesale Club, Dick’s Sporting Goods and Ross
• 8 Miles to Duke University with 15,634 Students and 8,880 Employees and North Carolina Central with 8,207 Students
• Minutes to Raleigh-Durham International Airport, 14.2M Passengers in 2019

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