Genuine Parts Co | Wallace, NC
Sands Investment Group is Pleased to Present Exclusively For Sale the Triple Net Opportunity Located at 716 N Norwood Street in Wallace, North Carolina.
- Corporate Guarantee From Genuine Parts Company (NYSE: GPC) With a Market Cap of Approximately $12.5 Billion
- Deemed as an Essential Business
- Triple Net (NNN) Lease With Minimal Landlord Responsibilities
- Very Attractive Annual Rent Increases of Greater of 2.5% or CPI
- Below Market Rent
- Strategically Located on a Corner at a Signalized Intersection
- Provides Trucks Parts to an Underserved Market
- Located on a Main Retail Corridor
- Situated Just Off N Norwood Street Which Sees Traffic Count of Over 13,452 VPD
- Nearby Tenants Include: Tractor Supply Co, KFC, Hardee’s, Piggly Wiggly, BB&T, Framers Home Furniture and Advance Auto Parts
In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 | BoR: Amar Goli – Lic. # 310575
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
