The Boulder Group is pleased to exclusively market for sale a single tenant net leased 7-Eleven property located in Piedmont, South Carolina within the Charleston MSA. The store operates 24/7 and is corporately leased through January 2036. The subject lease is absolute triple net presenting no landlord responsibilities. The lease includes 10% rent increases every ?ve years during the initial term and 7.5% increases during the ?rst three renewal options. As a fuel station asset, the property is eligible for 100% bonus depreciation.
The 2,900-square-foot property is situated at the signalized intersection of Augusta Road and Sandy Springs Road, with a combined daily traffic count exceeding 25,200 vehicles. It is located less than two miles south of Interstate 185. Within a ?ve-mile radius, the population surpasses 39,000, with households within a three-mile radius earning an average annual income of over $96,000. The property is directly across from Food Lion, the only grocery store in the immediate area. Additional nearby businesses, including Goodwill, DaVita, Family Dollar, Commercial Bank, and Pizza Hut, drive further traffic to the corridor.
7-Eleven, Inc. is a global leader in convenience retailing, operating as one of the world’s largest and most recognizable convenience store chains. Founded in 1927 in Dallas, Texas, as an ice company that began selling milk, eggs, and bread, the company evolved into the iconic 7-Eleven brand, named for its extended hours of operation from 7 a.m. to 11 p.m. Today, 7-Eleven operates, franchises, and licenses over 84,000 stores across 19 countries, with a strong presence in the United States, Japan, Thailand, and beyond. Headquartered in Irving, Texas, and owned by Seven & i Holdings Co., Ltd., based in Tokyo, the company is renowned for its innovative approach to convenience, introducing the ?rst self-serve soda fountains, to-go coffee, and the globally famous Slurpee drink.