12200 Herbert Wayne Ct
Huntersville, NC 28078
American Tire Distributors HQ · Bureau Propriété À vendre

Northmarq, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the fee simple interest in the American Tire Distributors Corporate HQ, a 124,336 SF single-tenant office building located in Huntersville, North Carolina (the “Property”). American Tire Distributors operates under an absolute NNN lease through April 30, 2036, providing more than 9.5 years of base term remaining. The lease features 2.00% annual rental increases, four 5-year renewal options, and zero landlord responsibilities, offering investors a passive long-term income stream secured by ATD’s longstanding corporate headquarters facility.
In conjunction with ATD’s long-term lease commitment, the Property underwent a comprehensive $17.5 million renovation in 2022, equivalent to approximately $140/SF, including $10 million funded by the Tenant. The renovation modernized the headquarters environment and further supports the Property’s importance to ATD’s go-forward operations. ATD has occupied the Property since 1994, reinforcing the strategic nature of the location and the Company’s long-term commitment to the asset.
The Property is strategically located in Huntersville, NC, one of the premier suburban communities in the Charlotte region. The surrounding trade area features dense, affluent demographics, with approximately 43,762 residents and average household incomes of $164,613 within a three-mile radius. The Property also benefits from immediate access to I-77, connecting ATD’s employees and clients to major regional thoroughfares including I-40, I-85, and I-485, as well as the broader Charlotte MSA.