Retail Business for Sale in Burlington, NC
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Burlington, NC 27217
Description
Growing Carolina Corridor Market - Burlington MSA, 1.53% annual population growth. Nearly 10% population increase since 2020, positioned between the Piedmont Triad (1.7M) and the Research Triangle at the I-40/I-85 interchange Strategic Location - Adjacent to Alamance Regional Medical Center (238-bed hospital), one exit off I-40/I-85, along South Church St corridor carrying ~26,000 vehicles/day, near LabCorp global HQ Recession-Resistant Asset Class - Collision repair demand is accident-driven and insurance-reimbursed, insulating the sector from e-commerce disruption and consumer spending cycles Investment Highlights: • Corporate Tenant - Classic Collision, full corporate guarantee, one of the largest privately held collision repair operators (350+ locations) in the U.S., backed by New Mountain Capital • ~8 Years Remaining on Initial Term - Lease commenced October 2023, Double Net structure, three five-year renewal options extending occupancy through 2048 • Built-In Rent Growth - 10% escalations every 5 years with limited landlord responsibility
Market Context
This retail in Burlington, NC is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 52 days. Compare it against other retail listings for sale in Burlington, NC — <a href="/search/sale/retail/north-carolina/burlington">view the full market</a>.
Contact
- Spencer D. Ward · (713) 452-4306 · spencer.ward@marcusmillichap.com
- Justin Miller · (713) 452-4287 · justin.miller@marcusmillichap.com
- Charles Gallagher · (704) 831-4600
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