Retail Business for Sale in Mebane, NC
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Mebane, NC 27302
Description
RARE 20 YEAR CORPORATE LEASE WITH RENT INCREASES IN THE PRIMARY LEASE TERM • Tractor Supply Co. signed a rare 20 year corporate guaranteed lease demonstrating their confidence in this location. • There are 5% rent increases every 5 years in the primary lease term and in each of the four – 5 year option periods. • The Landlord is responsible for Roof, Structure, Parking Lot, and pro rata share of CAM expenses (Access Driveway & Stormwater System) • The store is open and rent commenced in April 2025. POSTIONED BETWEEN RALEIGH/DURHAM & GREENSBORO/WINSTON SALEM, NC • The subject property is strategically located off Interstate 40 in between Raleigh/Durham & Greensboro/Winston Salem. • Raleigh is the capital of North Carolina, is the second most populous city in the state and the largest city in the Research Triangle. • The Research Triangle is a major metropolitan region in North Carolina anchored by Raleigh, Durham, and Chapel Hill. Named for its three top-tier research universities—Duke, UNC-Chapel Hill, and NC State—it is a global hub for technology, biotechnology, and scientific research. • The Research Triangle area has a population of over 2.37 million people which as grown 120% over the last 25 years. • Greensboro is the 3rd most populous city in the state and is the largest city in the Piedmont Triad region of over 1.17 million residents. RETAIL & INDUSTRIAL POCKET OFF INTERSTATE 40 (112,000 VPD) • Tractor Supply is positioned directly off an I-40 exit at a signalized intersection on Mebane Oaks Rd (28,500 VPD). • I-40 is a major interstate connecting Mebane to Raleigh/Durham and Greensboro/Winston Salem. • The subject property is surrounded by nearly 2 million square feet of retail within a 2 mile radius. • There is 5.7 million square feet of Industrial and office space within a 2 mile radius that supports the 9,800 jobs in Mebane. ACROSS FROM WALMART SUPERCENTER • Tractor Supply is directly across the street from a Walmart Supercenter with outparcels including
Market Context
This retail in Mebane, NC is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Mebane, NC — <a href="/search/sale/retail/north-carolina/mebane">view the full market</a>.
Contact
- Don McMinn · (678) 808-2762 · don.mcminn@marcusmillichap.com
- Charles Gallagher · (704) 831-4600
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