SOLD – The Fresh Market
3285 Robinhood Road
Winston Salem, NC 27106
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