INVESTMENT HIGHLIGHTS

• Fee simple interest in the 115-unit, Days Inn Wilkesboro, located in Wilkesboro, North Carolina
• Ideal location and accessibility directly off US Highway-421
• Winston Salem, NC (56 miles) and Johnson City, TN (82 miles)
•  Extensive hotel renovations in 2018
• Tyson Foods, Inc, recently underwent a $20 million expansion
• Brand new 24,000 SF plant and 165 new jobs  Lowe’s Companies, Inc., maintains a corporate Store Support Center in Wilkesboro

INVESTMENT OVERVIEW

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 115-unit, Days Inn Wilkesboro, located in Wilkesboro, NorthCarolina. The subject  property is situated on 2.33 acres of land and features 2 floors of well-maintained guest rooms. The propertyunderwent extensive renovations in 2018.

Premium amenities at the hotel include a seasonal outdoor swimming pool, outdoor picnic area, and shared lobby lounge area with a TV.Common area  amenities include complimentary breakfast, business center, meeting room, bus & truck parking, vending machines, 24-hour reception desk, and free on-  site parking. Each guest room is equipped with free Wi-Fi, flat-screen TV, microwave, refrigerator,desk with chair, in-room coffee & tea maker, and  additional seating.

The Days Inn is located in Wilkesboro along US Highway-421 with close proximity to nearby metros Johnson City, Tennessee andWinston Salem, North  Carolina. The subject property is situated along the main retail corridor of Wilkesboro and surroundingnumerous restaurants and retail stores. Tyson  Foods, Inc, maintains a large-scale poultry processing plant in Wilkesboro that hasundergone a multimillion-dollar redevelopment to increase space,  modernize equipment, and create new job opportunities for thecommunity. As of 2021, Tyson Foods, Inc, has developed a 24,000 SF plant, featured  modernized equipment and produced 165 newjobs. More than 2,500 individuals are employed by the company, who plans to continue upgrading  equipment to bring theredevelopment to $20MM. Wilkesboro is also home to one of Lowe’s Companies, Inc.’s Store Support Centers, which is one of the company’s 9 support centers across the U.S. and Canada, including the main corporate headquarters in Mooresville, North Carolina.

Winston Salem, 56 miles away, offers a larger metro and high demand generators including Wake Forrest University, Winston Salem State University,  Atrium Health Wake Forrest Baptist Medical Center, Hanes Brands corporate office, and much more. The PiedmontTriad International Airport, 78 miles  away, in Greensboro provides service to the area.