|
OFFERING SUMMARY
The site is well located as an outparcel to a Lowe's Home Improvement Center on one of the most heavily traveled thoroughfares of Winston-Salem: Peters Creek Parkway (NC Hwy 150). The tenant put a significant amount of money into the building, and as such there is an additional amount of security provided to the investor. Hardee's Food System, Inc. is the tenant on the lease, so it is a corporate lease.
SUBMARKET OVERVIEW
There has been a great deal of growth in this area in addition to this center, including a Super Wal-Mart anchored center across the Parkway, as well as a master-planned community behind this center. Clemmonsville Road will be fully connected past this property within the next several years, bringing additional exposure and traffic to the site.
|