Net-lease investment offering

7-Eleven

3890 Cross Anchor Road, Enoree, South Carolina

$10,133,437Asking price
5.15%Capitalization rate
$521,872Net operating income
18.0 Years (estimated)Term remaining
Offering memorandumComplete investment materials
Download OM
Teddy Leonard
Teddy LeonardManaging Principal - Austin
Lic # TX: 631339-B
Broker of RecordRyan EklundStonecliffSC License No. 115530
7-Eleven
Corporate-guaranteed · Absolute NNN

Offering Details

Investment Economics
Asking Price$10,133,437
Capitalization Rate5.15%
Net Operating Income$521,872
Lease Profile
Original Lease Term18 Years
Roof / StructureNone
Rent Increases10% Every Six Years
Lease ExpirationNovember 2044 (Est.)
Rent CommencementNovember 2026 (Est.)
Tenant7-Eleven
Lease TypeAbs. NNN
GuarantyCorporate
Landlord ResponsibilitiesNone
Term Remaining18.0 Years (estimated)
Renewal Options4 x 5 Yr
Property
Property TypeConvenience / fuel
Building Area4816 SF
Land Area8.19 Acres
Year Built2026

Investment Overview

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 3890 Cross Anchor Rd. Enoree, SC 29335. The site consists of roughly 4,816 rentable square feet of retail space on an estimated 8.19-acre parcel of land. This 7-Eleven is subject to a 18-year Absolute Triple Net (NNN) Lease with 18 Years Remaining. The annual rent is $521,872 with scheduled 10% rental increase Every Six Years in Primary Term and Option Periods.

  1. 01
    Limited Competition in Underserved Trade Area

    Located in a rural, low-density market, the property benefits from minimal nearby competition, allowing it to capture a significant share of local consumer demand and pass-through traffic. 

  2. 02
    Strategic Access to Interstate 26

    Situated near Interstate 26, a major regional artery connecting Spartanburg, Columbia, and Charleston, the site is well-positioned to benefit from consistent commuter and logistics-driven traffic.

  3. 03
    Strong Visibility Along Cross Anchor Road

    The property offers convenient access and visibility along Cross Anchor Road, a key local thoroughfare serving surrounding residential communities and regional travelers.

  4. 04
    Positioned for Long-Term Rural Growth

    Enoree and the surrounding Spartanburg County area continue to see steady population and economic growth, supporting long-term demand for essential retail and service-oriented tenants.

Location & Market

3890 Cross Anchor Road, Enoree, South Carolina

The property is located in 3890 Cross Anchor Road, Enoree, South Carolina. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.

Aerial market map for 7-Eleven
2,8491-mile population
29,2135-mile population
$72,6981-mile household income
$84,0385-mile household income
31 MinDrive time to Spartanburg
I-26Regional interstate access