3948 Caratoke Hwy - Convenience Store FOR SALE
Barco, NC 27917 |
$1,365,000 USD
949-662-2267
3948 Caratoke Hwy
Barco, NC 27917
HIGHLIGHTS
- Top Rated Tenant – 7-Eleven has investment-grade credit, rated ‘A’ by Standard and Poor’s.
- Iconic Brand – 84,000+ Locations Worldwide, 13,000+ in the United States and Canada.
- Proven Location – 7-Eleven has successfully operated at this location for 40+ years.
- Absolute NNN Lease – Offering zero landlord responsibilities.
- Hedge Against Inflation – Built in rental increases – 10%
- Low Risk Involvement – Below average 7-Eleven market rent, increasing the long-term viability of the tenant.
FOR SALE DETAILS
PRICE
$1,365,000 USD
PRICE/SF
$517 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,265 SF
ZONING
LI
APN/PARCEL ID
0060-000-0058-0000
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949-662-2267
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949-662-2267
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