Listed by Matthews
$4,670,400
QuikTrip - 161 W Plaza Dr
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 6,712
Cap Rate 6.00%
NOI $280,224
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 01/31/2028
Remaining Term 1.6
Lease Options Seven (7), 5-Year Options
Price per SqFt $696
Year Built 2011
Acreage 6.440
Parking Spaces 61 spaces
Parking Per SqFt 9.09
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/09/2013
Ground Lease No
6.00% CAP | ABSOLUTE NNN | 100% BONUS DEPRECIATION
Investment highlights
- ABSOLUTE NNN LEASE Zero landlord responsibilities—tenant is responsible for CAM, taxes, insurance, roof, and structure, delivering a truly passive, hands-off, fee simple investment.
- CORPORATE GUARANTEE Lease backed by QuikTrip Corporation (~1,150 locations Nationwide), one of the Nation’s most established convenience store operators, offering strong credit and long-term tenant stability.
- STRATEGIC INTERSTATE ACCESS | I-77 CORRIDOR Positioned just off a full interchange with Interstate 77, a major north–south corridor providing direct connectivity to Downtown Charlotte (~25 miles south) and supporting strong commuter and regional traffic.
- “RACE CITY USA | AUTOMOTIVE HUB Located in the heart of “Race City USA,” surrounded by 120+ automotive-related businesses within a 5-mile radius, including NASCAR operations and major dealerships such as Randy Marion and Keffer Kia within ½ mile—driving strong fleet and local demand.
- DOMINANT NATIONAL RETAIL CORRDOR Situated within a dense retail corridor anchored by Walmart, Costco, Lowe’s, Sam’s Club, and other national retailers, generating high-frequency consumer traffic and reinforcing long-term site performance.
- BONUS DEPRECIATION OPPORTUNITY Fee Simple ownership may qualify for 100% Bonus Depreciation in Year 1 (Consult your CPA).
Listing Contacts
Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$280,224.00
$23,352.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
