Northern Tool + Equipment
Corporate Lease | Long Operating History | Attractive Population Density
Investment highlights
• Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the U.S.
• Located inside of dense retail corridor | 6.8M SF within a 2-mile radius
• Long operating history | Leased since 2007
• The tenant agreed to extend the lease for 10 years in 2022, showing their commitment to this location
• Large parcel | 3.73 acres
• Attractive population density within a 5-mile radius | 145,967 residents
• 10 minutes from Cape Fear Valley Medical Center | 636 beds
• 10 minutes from Fayetteville State University | 7,628 students
• Within 10 minutes from Fayetteville Terry Sanford High School & E. E. Smith High School | 2,200 students combined
• 5 minutes from Fort Bragg | 282K total base population | $8B
economic impact | Largest military base in the world by population
• Nearby destination retailers | Walmart Supercenter, Target, Food Lion, Fresh Market, Lidl, Sprouts Farmers Market, ALDI, Publix, Lowe’s, Home Depot, BJ’s Wholesale Club, Academy Sports +
Outdoors, Ashley Store, Staples, Sam’s Club, Cracker Barrel, Outback Steakhouse, LongHorn Steakhouse, Buffalo Wild Wings, Chickfil- A, Dunkin’, Chipotle, McDonald’s, Taco Bell, Cook Out, Wingstop, Smoothie King, Panera Bread, Panda Express, and more
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