7-Eleven

3085 SC-160, Fort Mill, SC 29708

Price $6,821,578
CAP Rate 4.75%
Lease Term 9+ Years
Net Operating Income (NOI) $324,025

Property Data

Building Size (SF) 3,479
Land Size (AC) 1.64
Year Built2020

Tenant(s) 7-Eleven
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 10% Every Five Years

Options 4 x 5 Yr
Rent Commencement Jun 2020
Lease Expiration Jun 2035

Offering Memorandum

Contact Broker

About Property

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 3085 SC-160, Fort Mill, SC 29708. The site consists of roughly 3,479 rentable square feet of retail space on an estimated 1.64-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 9+Years Remaining. The annual rent is $324,025 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

Investment Highlights

Prime hard-corner, signalized location at the intersection of SC-160 and Zoar Rd (31,795 VPD). SC-160 serves as a major corridor connecting West Charlotte to South Carolina
Half a mile from Stockbridge Commons Shopping Center featuring tenants Harris Teeter, Planet Fitness, McDonalds, Bojangles, Ace Hardware & more
Outstanding demographics with a 5-mile population exceeding 124,000 and an average household income of $148,329
5-minutes South of Rivergate Shopping Center with tenants Target, Best Buy, Home Depot, Publix, Sprouts, Kohls, T.J Maxx & more
Fort Mill is located just 26 minutes from Downtown Charlotte