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NNN Corporate Quarles | Kernersville, NC 765 Indeneer Dr 1,724 SF Retail Building Kernersville, NC 27284 $1,310,297 CAD ($760.03 CAD/SF) 6.35% Cap Rate
Investment Highlights
- INSTITUTIONAL-GRADE CREDIT BACKING
- RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
- ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES
Executive Summary
-The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials.
ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES
- The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord.
RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
- Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions.
MISSION-CRITICAL FLEET FUELING INFRASTRUCTURE
- Directly along the I-40 corridor between Winston-Salem and Greensboro. The site captures 86,500+ combined AADT from NC 66 S (30,000 AADT) and Salem Pkwy (56,500 AADT).
ESTABLISHED INFILL LOCATION WITH STRONG LOCAL ACCESS
- Positioned along Indeneer Drive with direct connectivity to NC-66 and immediate access to I-40, the site is embedded within an established commercial and industrial corridor serving Kernersville's growing logistics and distribution base.
GROWING TRIAD MARKET
- The site serves a 5-mile trade area with a population of 64,911 and average household income of $104,396 — reflecting an above-average income demographic and a commercially mature corridor with long-term fleet fueling demand.
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Wholesaler
- -
- -
- Triple Net
- Feb 2034
Depuis ses débuts en tant qu'entreprise pétrolière familiale à camion unique en 1940, Quarles s'efforce d'apporter à ses clients le carburant dont ils ont besoin, au moment où ils en ont besoin. Mais ils fournissent aussi quelque chose de plus que du pétrole, de l'essence ou du propane. Ils offrent de la qualité. Fournir de la qualité signifie identifier un besoin en carburant avant que les clients ne s'en rendent compte. Cela signifie donner aux flottes un meilleur accès aux stations-service et offrir des plans de paiement flexibles qui fonctionnent avec tous les budgets. Et cela signifie faire un effort supplémentaire pour fournir un service exceptionnel, même si ce kilomètre supplémentaire les amène à un endroit éloigné au milieu d'une tempête de neige. Chez Quarles, ils sont animés par le désir d'offrir à leurs clients une meilleure expérience à chaque tournant. Ils sont impatients de faire de même pour vous.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Wholesaler | - | - | Triple Net | Feb 2034 |
Property Taxes
| Parcel Number | 6885-67-0458 | Improvements Assessment | $269,645 CAD |
| Land Assessment | $467,431 CAD | Total Assessment | $737,077 CAD |
Property Taxes
Presented by
NNN Corporate Quarles | Kernersville, NC | 765 Indeneer Dr
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