1668 US 74 W hwy - Retail FOR SALE


Wadesboro, NC 28170
$9,876,000 USD
980-498-3293
1668 US 74 W hwy, Wadesboro, NC for Sale
$9,876,000 USD
Retail - FOR SALE
1/4
null | 5.25% Cap Rate

1668 US 74 W hwy
Wadesboro, NC 28170


HIGHLIGHTS

  • RECENT CONSTRUCTION - DIESEL STATION - TRUCK STOP
  • CORPORATE BACKED INVESTMENT GRADE TENANT
  • ATTRACTIVE LEASE FUNDAMENTALS

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - 15 Year Lease with 10% bumps every 5 years and in extension periods - Abs. NNN lease providing zero landlord responsibilities - Passive investment CORPORATE BACKED INVESTMENT GRADE TENANT - 7-Eleven’s parent company, Seven-Eleven Japan Co, LTD has a market cap of $37.18B (Ticker: SVNDY) - There are over 83,000 locations across the world HIGH VISIBILITY OFF BUSY I-71 - Excellent exposure along a major retail and commuter corridor - Unmatched visibility along US Hwy 74 West - Positioned across from Anson High School the location catches steady foot traffic POSTIONED NEAR LOCAL EMPLOYERS - Centrally located near several of Anson Country’s largest employers - Anson Country Schools (3,845 students and staff) - Hornwood (textile manufacturing, 400 employees) - Brown Creek Correctional (342 employees) RECENT CONSTRUCTION - DIESEL STATION - TRUCK STOP - Integrated diesel fueling and truck stop facilities - Major east west freight corridor ensures consistent demand - Inclusion of diesel fueling compacity and ample truck access expands the customer base beyond traditional convenience store patterns LOCATED IN BETWEEN MAJOR MSAS - The subject property benefits from its strategic location in Wadesboro, NC, positioned between the growing Charlotte and Fayetteville MSAs - Charlotte, the largest city in North Carolina, boasts a population of over 2.8 million in its metro area, while Fayetteville anchors more than 500,000 residents with a strong military presence from Fort Bragg

FOR SALE DETAILS

PRICE

$9,876,000 USD

PRICE/SF

$2,052 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.81 AC

LAND SF

253,084 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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