Log In/Sign Up
Your email has been sent.
Birdie Houses – Pinehurst, NC | 20-Year NNN 180 Aiken Rd 3,300 SF Retail Building Southern Pines, NC 28387 $2,735,140 CAD ($828.83 CAD/SF) 7% Cap Rate
Investment Highlights
- 20-Year Absolute NNN Sale-Leaseback Brand-new long-term lease commencing at close of escrow with zero landlord responsibilities.
- 2% Annual Contractual Escalations Built-in rent increases throughout the base term and renewal options, providing inflation protection.
- Asset in Pinehurst Market Purpose-built asset located in one of the most nationally recognized destination golf markets in the United States.
- Corporate Guarantee – Birdie Houses, Inc. Full corporate guaranty backing lease obligations across platform operations.
- 100% Leased to Single Corporate Tenant Long-term contractual rent under Absolute NNN structure.
Executive Summary
Alpha Real Estate Advisors is pleased to present Birdie Houses – Pinehurst, an asset secured by a brand-new 20-year Absolute NNN lease.
The lease is corporately guaranteed by Birdie Houses, Inc. and features 2% annual rent increases throughout the base term. The tenant is responsible for all taxes, insurance, and maintenance, providing true passive income with zero landlord responsibilities.
The property is 100% leased and structured as a sale-leaseback commencing at closing. Tenant operations and guest occupancy are separate from landlord income and do not impact contractual rent obligations.
Located in the Pinehurst golf market, one of the most recognized destination golf markets in the United States, the asset benefits from durable tenant demand supported by destination-driven travel.
The lease is corporately guaranteed by Birdie Houses, Inc. and features 2% annual rent increases throughout the base term. The tenant is responsible for all taxes, insurance, and maintenance, providing true passive income with zero landlord responsibilities.
The property is 100% leased and structured as a sale-leaseback commencing at closing. Tenant operations and guest occupancy are separate from landlord income and do not impact contractual rent obligations.
Located in the Pinehurst golf market, one of the most recognized destination golf markets in the United States, the asset benefits from durable tenant demand supported by destination-driven travel.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
3,300 SF
Year Built
2025
Price
$2,735,140 CAD
Price Per SF
$828.83 CAD
Cap Rate
7%
NOI
$191,460 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.77 AC
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Birdie Houses – Pinehurst, NC | 20-Year NNN | 180 Aiken Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.