5990 Charlotte Hwy - Convenience Store FOR SALE


Lake Wylie, SC 29710
$6,130,000 USD
214-915-8890
5990 Charlotte Hwy, Lake Wylie, SC for Sale
$6,130,000 USD
Convenience Store - FOR SALE
1/5
null | 4.75% Cap Rate

5990 Charlotte Hwy
Lake Wylie, SC 29710


HIGHLIGHTS

  • 2020 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
  • Excellent Highway Location at the Signalized Intersection of State Highway 49 & Lake Wylie Road (43,000+ Combined VPD)
  • Strategically Located Minutes from Lake Wylie, a 12,455-Acre Recreational Lake on the NC/SC Border
  • 20 Miles from Downtown Charlotte, One of the Fastest-Growing Metros and the Second Largest Banking Center in the U.S.
  • 7-Eleven (S&P Rated A) Operates 85,000 Stores Globally and 15,300+ in North America
  • Clover, SC | Located in Growing York County, 2nd Fastest Growing School District in South Carolina | Population: 6,671

OVERVIEW

12-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and Renewal Options

FOR SALE DETAILS

PRICE

$6,130,000 USD

PRICE/SF

$2,037 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

5590000018

ASK ABOUT THIS PROPERTY

Russell SmithSecure Net LeaseMore Info
214-915-8890

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Russell SmithSecure Net LeaseMore Info
214-915-8890

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