7-Eleven Clover, SC

5990 Charlotte Hwy
Clover, SC

Price: $6,019,000
Cap Rate: 4.50%
NOI: $270,875
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
  • 13-Year Absolute NNN Corporate Lease w/ 7.5% Rental Increases Every 5 Years In Primary & Option Periods
  • Subject Property Located on Signalized Intersection of State Highway (30,000+ VPD)
  • Located Minutes from Lake Wylie, a 12,455 Acre Man-Made Lake on South Carolina/North Carolina Border
  • South Carolina is Home to Several Large Corporations – Bank of America, Truist, & East Coast HQ for Wells Fargo
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Clover  |  Located 20 Miles from Downtown Charlotte, SC  |  MSA Population: 2.8 Million