721 Andrews St - Service Station FOR SALE
Salisbury, NC 28144 |
$6,857,000 USD
704-714-2368
721 Andrews St
Salisbury, NC 28144
HIGHLIGHTS
- 2025 new construction | Absolute Net Ground Lease | Fresh 20-year term
- Strategically positioned as the only outparcel to Rusher Farms Corporate Center | New industrial and corporate development with over 600K SF of space
- One of only 40 new larger Sheetz diesel fueling station models nationwide | 91 total parking spaces with over 50 designated for trucks
- Great access to I-85 as the first stop off Exit 79 (0.25 miles) | 81,500 VPD | Direct ingress and egress from Andrews St to accommodate larger trucks
- Corporate lease | Sheetz, Inc. | 775 locations across 7 states
- Strong projected population growth over the next 5 years | 4x national average within a 3-mile radius
FOR SALE DETAILS
PRICE
$6,857,000 USD
PRICE/SF
$997 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sheetz Diesel Fueling Station Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
91
LAND DETAILS
LAND ACRES
9.97 AC
LAND SF
434,293 SF
ZONING
Commercial
APN/PARCEL ID
052-04701,052-204,0520470001
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704-714-2368
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704-714-2368
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