7-Eleven Evolution Store Raleigh Rd Pkwy W & Airport Boulevard Northwest, NC

Raleigh Rd Pkwy W & Airport Boulevard Northwest, NC

Price: $7,585,000
Cap Rate: 4.75%
NOI: $360,282
Building Size: Approx. 4,872 Sq. Ft.
Lot Size: Approx. 2 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 4,872+/- SF Building on 2.00+/- Acre Site
  • Brand New 15 Year Absolute NNN Lease w/ Rare 10% Rental increases Every 5 Years
  • Signalized, Hard Corner Location on Raleigh Rd Pkwy W & Airport Blvd NW (Combined 50K VPD)
  • Subject Property is the 1st 7-Eleven Evolution Store in the Region, Featuring a Beer Cave, Wine Rack, etc.
  • Near Several National Tenants Such as Target, Harris Teeter, Marshalls, Best Buy, etc.
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Wilson  | 40% Population Growth Between 1990-2010  |  Population: 49,000+