7-Eleven Kitty Hawk, NC

6100 North Croatan Highway
Kitty Hawk, NC

Price: $6,187,000
Cap Rate: 4.75%
NOI: $293,901
Building Size: Approx. 4,500 Sq. Ft.
Lot Size: Approx. 1.14 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

 

  • 2020 Construction. 4,500+/- SF Building on 1.14+/- Acre Site
  • New 15-Year Abs NNN Lease with 10% Rent Bump Every 5-Years
  • Located along N Croatan Hwy “US-158”, main route to Outer Banks
  • Gateway location, 7-Eleven will benefit as the first C-Store option
  • Across Kitty Hawk Elem School (449 Students) & OBX Chev/Buick Dealership
  • Kitty Hawk is a beach town in NC located in the Outer Banks –Atlantic Ocean
  • Home to The Wright Brothers National Memorial – Conquering flight in Kitty Hawk
  • Strong Income Demos with $89,937 within a 3-Mile Radius of subject property