Listed by Secure Net Lease
$6,130,000
7-Eleven - Clover, SC
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,010
Cap Rate 4.75%
NOI $291,190
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 10/01/2035
Remaining Term 9.3
Rent Bumps Yes
Lease Options (4) 5-Year Options to Renew
Year Built 2020
Acreage 1.110
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2020
Ground Lease No
2020 Construction | Absolute NNN Lease at Signalized Intersection (43,000 VPD)
Marketing description
- 12-Year Absolute NNN Corporate Lease, with 7.5% rental increases every 5 years in both the Primary Term and (4) 5-Year Option Periods.
- 7-Eleven (S&P Rated A) operates in 20 countries across 85,000 stores, 15,304 of which are in North America, making it the largest chain store operator in the world.
- Excellent highway location at the signalized intersection of State Highway 49 - Location sees approximately 43,000 vehicles per day.
- Subject Property is strategically located minutes from Lake Wylie. Lake Wylie is a 12,455 acre man-made lake on the South Carolina/North Carolina border. It is operated by Duke Energy and is known for summer water sports.
- Clover, SC is located 20 miles from Downtown Charlotte. The Charlotte MSA has a population of over 2.8 million people and home to several large corporations including: Bank of America, Truist and the East Coast Headquarters for Wells Fargo, along with many other financial institutions, making it the second largest bank center is the US.
Investment highlights
- 11+ Years Remaining on NNN Lease
- Affluent Lake Community minutes from Lake Wylie
- 20 Miles from Downtown Charlotte
- Eligible for Accelerated Depreciation
- Attractive Assumable Debt
- High Traffic Location on Hard Corner (43,000+ VPD)
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,190.00
$24,265.83/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
Map
Zoning
GC CommercialGeneral CommercialGeneral Commercial
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View all 188 uses Last updated Feb 13, 2026 For deeper zoning details, reports are available at Zoneomics
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