1137 S MAIN ST, GRAHAM, NC 27253 For Sale

LONG-TERM ABS. NNN GROUND LEASE

• Newly executed 20-year lease with five (5) renewal options, providing zero landlord responsibilities
• Built in rent escalations of 10% every 5-years

CORPORATE GUARANTEE

• Guaranteed by Dash In Food Stores Inc, a wholly owned subsidiary of The Wills Group Inc which operates more than 55 Dash Ins and 300 other fueling locations
• Reported $1.1B in annual revenue in 2024

SIGNIFICANT NEW HOUSING DEVELOPMENT IN THE TRADE AREA

• City of Graham reported a 34% population growth over the past 20 years
• 60-unit senior housing apartment adjacent to site (S Main St) on a 3.29-acre parcel proposed
• Across Alamance County there are 89 new-home communities under development

GRAHAM RETAIL CORRIDOR

• Sits within rapidly growing Alamance County corridor
• 2.3% YoY population growth and rising AHHI for the past 15 years
• Retail vacancy below 4%
• County retail inventory exceeds 300,000 SF

STRONG CONNECTIVITY AND INFRASTRUCTURE DEVELOPMENT

• Site benefits from direct exposure to I-40/I-85 corridor which carry peak traffic volumes of 134,000 VPD near exit 143 in Alamance County
• 1-mile from I-40 where traffic counts reach 126,000 VPD
• The region is undergoing infrastructure upgrades including I-85 expansion at I-40/I-85 interchange

EXPANDING GREENSBORO MSA DRIVING REGIONAL DEMAND

• Greensboro-High Point MSA is home to approx. 780,000 residents
• Median HHI in the MSA reached $63,083 in 2023, up 5.9% YoY
• In 2024 the region's real GDP was $56.2 Bn
• Forecasts of the broader Triad region project 2.6% population growth over the next five years