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7-Eleven NNN Lease Investment
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12505 E Wade Hampton Blvd, Duncan, SC 29651

New 15-year NNN lease with rental increases.

Property Size4,824 SF
Price / SF$1,788
Days on Market167

Property Features for 12505 E Wade Hampton Blvd

General Information

Standard status Active
Size 4,824 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $452,952

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Vincent Aicale · License #CA 01728696
Source: Crexi
Added: Feb 25 Changed: Aug 8 Last Checked: Aug 10 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This property features a new 15-year absolute NNN lease to 7-Eleven, a convenience store chain with over 13,000 locations in the U.S. The lease includes 10% rental increases every five years during the initial term and four five-year option periods. The property is located just off the signalized four-way intersection of East Hampton Boulevard and Pine Ridge Road, with a combined traffic count exceeding 30,000 vehicles per day. It is situated along U.S. Route 29, which sees 26,300 vehicles per day, a primary east-west thoroughfare connecting Greenville to Spartanburg. The surrounding area is experiencing steady residential development, driven by Duncan’s population growth since 2010, which has seen a 37% increase. The property is located across from The Shoppes at Pine Ridge, a Publix-anchored shopping center scheduled to open in the Summer of 2027. The site benefits from proximity to Interstate 85, increasing local and commuter traffic, with over 103,000 vehicles per day. The property size is 4,824 square feet.

Key Highlights

  • New 15‑year absolute NNN lease to 7‑Eleven (S&P: “A- “, Moody’s: “Baa2”)
  • 10% rental increases every five (5) years
  • High‑visibility location at a signalized intersection with 30,000+ vehicles per day

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29651, SC

50,778
Population
21,738
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
89.6 sq mi
ZIP Area
567
Density / Sq Mi
$80,748
Median Household Income
$47,077
Median Earnings
$1,021
Median Rent
$264,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - New 15-year NNN lease with rental increases.
Where is this grocery and convenience store located?
The property is located at 12505 E Wade Hampton Blvd Duncan, SC.
What is the asking price?
The asking price for this property is $8,628,000.
What are key features of this property?
This property features: New 15‑year absolute NNN lease to 7‑Eleven (S&P: “A- “, Moody’s: “Baa2”); 10% rental increases every five (5) years; High‑visibility location at a signalized intersection with 30,000+ vehicles per day
More about this property
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