5990 Charlotte Highway
Clover, SC
Price:
$6,130,000
Cap Rate:
4.75%
NOI:
$291,190
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 1.11 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
- 12-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
- 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