7-Eleven Charlotte, NC

10700 Reames Road
Charlotte, NC

Price: $3894000
Cap Rate: 5.00%
NOI: $194,000
Building Size: Approx. 3484 Sq. Ft.
Lot Size: Approx. 1.27 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 1997

Investment Overview

  • 3,484+/- SF Building on 1.27+/- Acre Site
  • 15-Yr Corp NNN Lease, w/ 11+ Yrs remaining & 10% Rent Bumps Every 5 Yrs
  • Located along Reames Rd & WWT Harris Blvd (37,000 VPD), just E of I-77 (132,000 VPD)
  • Near Target, Best Buy, Office Max, Lowe’s, REI, Advance Auto, Jiffy lube, Starbuck’s, & Arby’s
  • University Research Park (27,000+ Empl.) | UNC Charlotte (23,571+ Empl.) | Carolinas Medical (1,375+ Empl.)
  • 3-Mile Radius: Est 1,586 Busi with 22,620 Empl | 13.5-Miles S of Charlotte Douglas International Airport
  • 4 Miles E of Northlake Mall (1,071,000 SF | 7-Miles NW of Shoppes at University Place (142,000 SF)
  • 3-Mile population has grown 5.8% 2000 – 2015 | 3-Mile Average Household Income:  $70,029
  • Charlotte – Concord – Gastonia: 2nd Largest City in the Southeast | Population: 2,389,763

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