680 River Hwy
Mooresville, NC
Price:
$5,716,444
Cap Rate:
6.75%
NOI:
$385,860
Building Size:
Approx. 5,896 Sq. Ft.
Lot Size:
Approx. 2.3 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2012
Investment Overview
- 2012 Construction. 5,896 +/- SF Building on 2.30+/- Acre Site
- 5 Years Remaining on 15-Year Absolute NNN Lease w/ (7) 5-Year Options to Renew
- Excellent Signalized, Hard Corner Location at the Intersection of River Hwy and Morrison Plantation (54K VPD)
- Located in Dense Retail Corridor, Next to Target Anchored Power Center and Sam’s Club
- Strong Demographics and Affluent Market w/ an est. $103,155 Avg. HH Income Within 5 Miles of the Site
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Mooresville | Part of the Charlotte MSA | Population: 53,500+