825 Blowing Rock Blvd
Lenoir, NC 28645
AT&T | FastMed Urgent Care · Commerce de détail Propriété À vendre

Northmarq is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the North Hill Plaza, located at 825 Blowing Rock Blvd, in Lenoir, North Carolina. The subject property is fully occupied by AT&T and FastMed Urgent Care on Modified NNN leases with annual escalations, minimal landlord responsibilities, and a WALT of roughly 3.9 years. Both tenants have been in place for over 10 years, with AT&T recently executing their first renewal option. The AT&T franchisee, Prime Comms Retail, LLC, is the nation’s largest privately held AT&T authorized retailer with nearly 2,000 locations nationwide. FastMed Urgent Care is backed by Blue Cross Blue Shield of North Carolina (S&P: A+) and operates 44 locations across the state with limited urgent care competition in the Lenoir market. Primely located along Blowing Rock Blvd (28,500+ VPD), the property is an outparcel to a Planet Fitness and Dunham’s Sports anchored center with nearly 1 million annual visits (placer.ai), and the neighboring center is anchored by a Walmart Supercenter.