770.913.3900

SOLD – The Fresh Market

SOLD – The Fresh Market

3285 Robinhood Road

Winston Salem, NC 27106

Downloads:

    Contacts

    Sean W. Patrick, CCIM

    Senior Vice President, Investment Sales

    770.913.3946

    spatrick@ackermanco.net

    view listings »

    Overview

    • Stable cash flow investment with over 10 years remaining on its initial fifteen (15) year lease term and 3% bumps in three 5-year option periods
    • Exceptional historical store sales; in the top 30% for the company
    • Strong Demographics just west of Wake Forest University and near Buena Vista and Sherwood Forest neighborhoods
    • Current lease rate of $16.50/sf is in line with Winston Salem, NC retail submarket
    • Located within the Mount Tabor Place development with protective restrictions and conditions
    • Adjacent to CVS, Starbucks, Subway, Five Guys, PNC Bank