Asheville, NC - GPM Investments, LLC (Roadrunner)

Description:

• The lease features a corporate guaranty by GPM Investments, a reputable brand with 3,600+ units nationwide and S&P: B+ credit score
• 12 years of lease term remaining on the original 15-year base term with 4 (5-year) options to extend
• 10% rental increases every five years including options

• The asset is located at the signalized intersection of Sardis Road and Sand Hill Road
• There are several industrial users in the surrounding corridor that will benefit from the site’s location along Sardis Road
• The surrounding residential neighborhoods will provide a steady consumer base from which to draw
• 8 miles from Downtown Asheville