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Atlantic Tire & Service 4 Retail Properties Offered at $14,779,839 CAD in Multiple Locations
Investment Highlights
- 4 Properties on 6.24 AC total — Irreplaceable Research Triangle real estate in 3 top submarkets — located across Cary, Raleigh, and Durham
- Long-term lease with 3% annual escalations and built-in renewals — leases run through 2033 with roughly 7 years remaining
- Irreplaceable Research Triangle real estate in three top submarket— strategically located across Cary, Raleigh, and Durham on 6.24 AC total
- 100% leased to a single essential-service tenant across four NNN assets — Atlantic Tire & Service occupies all four buildings (26,064 SF total)
- PE-backed operator with institutional sponsorship — Atlantic Tire operates within the Goodturn Tire & Auto platform (~70 locations / ~35 brands)
- Available individually or as a portfolio — $10,590,160 total at a 6.20% cap rate ($656,590 NOI)
Executive Summary
Lee & Associates Raleigh-Durham-Wilmington is pleased to present the exclusive offering of the Atlantic Tire & Service Portfolio, a four-property net leased investment opportunity located throughout North Carolina’s Research Triangle.
The portfolio consists of strategically located automotive service facilities in Cary, Raleigh, and Durham, three of the Southeast’s fastest-growing and most affluent communities.
Atlantic Tire operates as part of the Goodturn Tire & Auto platform and benefits from the institutional backing of Garnett Station Partners, providing investors with exposure to a well-capitalized operator and an essential-service business model. The portfolio combines durable in-place cash flow, strong underlying real estate fundamentals, and long-term growth potential within one of the nation’s leading technology and life sciences markets.
The portfolio consists of strategically located automotive service facilities in Cary, Raleigh, and Durham, three of the Southeast’s fastest-growing and most affluent communities.
Atlantic Tire operates as part of the Goodturn Tire & Auto platform and benefits from the institutional backing of Garnett Station Partners, providing investors with exposure to a well-capitalized operator and an essential-service business model. The portfolio combines durable in-place cash flow, strong underlying real estate fundamentals, and long-term growth potential within one of the nation’s leading technology and life sciences markets.
Property Facts
| Price | $14,779,839 CAD | Number of Properties | 4 |
| Price / SF | $628.18 CAD / SF | Individually For Sale | 4 |
| Cap Rate | 6.20% | Total Building Size | 23,528 SF |
| Sale Type | Investment NNN | Total Land Area | 6.24 AC |
| Status | Active |
| Price | $14,779,839 CAD |
| Price / SF | $628.18 CAD / SF |
| Cap Rate | 6.20% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 4 |
| Total Building Size | 23,528 SF |
| Total Land Area | 6.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1376-1380 NW Maynard Rd, Cary, NC 27513 | Retail | 6,017 SF | 1998 | $4,259,566 CAD |
| 360 Asheville Ave, Cary, NC 27518 | Retail | 5,625 SF | 1990 | $3,185,367 CAD |
| 5412 S Miami Blvd, Durham, NC 27703 | Retail | 5,466 SF | 2004 | $3,699,429 CAD |
| 3001 Wakefield Crossing Dr, Raleigh, NC 27614 | Retail | 6,420 SF | - | $3,635,477 CAD |
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