7-Eleven w/ Car Wash Greenville, SC

1400 Woodruff Rd
Greenville, SC

Price: $6,942,000
Cap Rate: 5.15%
NOI: $357,500
Building Size: Approx. 4,580 Sq. Ft.
Lot Size: Approx. 2.02 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 4,580 +/- SF Building on 2.02+/- Acre Site
  • 14+ Years Remaining on Absolute NNN Lease w/ 8% Rental Bumps Every 5 Years
  • Excellent Signalized, Hard Corner Location at the Intersection of Woodruff Rd & Smith Hines Rd (43K VPD)
  • Located Adjacent to Merovan Center (Owned by Seller) – 640K SF of Flex Industrial w/ Over 140 Tenants
  • The Woodruff Rd Corridor is Scheduled to Go Through Approx. $121 Million Worth of Road Improvements
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Greenville  |  Expected to grow by 222,000+ Residents by 2040  |  County Population: 548,000+