Investment Overview

Marcus & is pleased to present a net leased Meineke Car Care Center, located in Mill Springs NC (Raleigh/Durham/Chapel Hill MSA). One of the fastest growing metro areas in the country. Mill Springs is a township community south of Raleigh and is adjacent to Research Triangle Park, the largest technological park in the US with employers including Cisco, IBM, SASS, Glaxo Cline, and the east coast Apple campus, employing 5,000 software and development engineers. The property consists of 1.31 acres with a 4,965 square foot eight bays auto service building known as Meineke. Built in 2018 as a Meineke and operating successfully since 2018. The building has an all-brick exterior with manicured landscaping. The location provides easy access and high visibility. Five-mile population is 107,456 with a 155% growth since 2010 and household income of $135,801. The lease is absolute net NNN lease with no landlord responsibilities with 15 year term, 2% annual rent increases. Lease provided at close of escrow. Secured by operating entity and personal guarantee.