8205 Fayetteville Road, Raleigh, NC
Oswald Cooke & Associates is pleased to offer a new construction four-tenant retail portfolio to qualified investors. The tenant lineup includes Taco Bell , Dunkin’ Donuts/Wing Stop , and Take 5 Oil Change. The development is located on Fayetteville Road (34,500 VPD) in Fuquay Varina, a burgeoning suburb of Raleigh. The market has seen an abundance of residential, retail and economic growth over the last decade, primarily due to its proximity to the Research Triangle Park. The site is less than a half mile from the future Interstate 540 entrance. Other retailers in the area include Wendy’s, Harris Teeter, Starbucks, McDonalds, Hardees, Walgreens, Chick-Fil-A (coming soon), Costco (coming soon) and many others.
Taco Bell – Parcel 1, 15-Year NNN Ground Lease with (5) 5-Year Options, 5% escalators every 5 years, Franchisee
Dunkin’ Donuts – Parcel 2, 15-Year NN Lease with (4) 5-Year Options, 5% escalators every 5 years, Franchisee
Wing Stop – Parcel 2, 10-Year NN Lease with (2) 5-Year Options, 10% escalators every 5 years, Corporate
Take 5 Oil Change – Parcel 3, 10-Year Ground Lease with (4) 5-Year Options, 10% Every escalators every 5 years, Franchisee
Raleigh, NC