10224 Green Level Church Rd - Freestanding FOR SALE


Cary, NC 27519- Cary Park
$6,498,294 USD
843-343-1351
10224 Green Level Church Rd, Cary, NC for Sale
$6,498,294 USD
Freestanding - FOR SALE
1/8
null | 5.1% Cap Rate

10224 Green Level Church Rd
Cary, NC 27519
Cary Park


HIGHLIGHTS

  • 12+ Year Absolute NNN Lease
  • Corporate
  • Zero Landlord Responsibilities
  • Car Wash Location
  • Raleigh-Durham MSA

OVERVIEW

Oswald Cooke & Associates is pleased to offer a corporate 7-Eleven store, which originally opened in April 2023, to qualified investors. The 1.91 Acre site sits on the edge on the commercial district which covers all corners at Carpenter Fire Station Road and Green Level Church Road, a primary artery which funnels residential traffic into the retail and residential pockets west of I-540 .  Cary sits twelve miles NW of Raleigh, NC, and is one of the Wealthiest Cities in the country.  Average single-family housing in the market is $620,740 as of last year.   Wake County top employers include SAS Institute (1,350 pp) , Epic Games, Kellogg’s, Siemens and John Deere.  7-Eleven has a standard and Poor’s bond rating of AA-, operates 83,000 stores worldwide, and is the nation’s largest convenience store chain with over 13,000 locations. Wake County has maintained a 2.5% growth rate for the last seventeen years and based on its’ robust job market, top-rated schools and numerous amenities, has consistently been ranked as one of the best places to live in the country.

FOR SALE DETAILS

PRICE

$6,498,294 USD

PRICE/SF

$649 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,099 SF

ZONING

GCM

APN/PARCEL ID

0725.04-94-1836-000

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.