7-Eleven Absolute NNN
For Sale
Contact for pricing
Pending
1600 E Franklin Blvd, Gastonia, NC 28054
Single-tenant convenience store with long-term lease structure and established retail surroundings.
Property SizeContact for details
Days on Market140
Property Features for 1600 E Franklin Blvd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
46,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 5:34AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This single-tenant 7-Eleven property was constructed in 2020 and is subject to an absolute NNN lease. The agreement provides approximately 10 years of remaining term, 5.00% rental escalations every five years, and four five-year extension options. The next rental escalation is scheduled in three months.
The property occupies the northeast corner of E Franklin Blvd and N New Hope Rd in Gastonia, North Carolina, with exposure to 46,000 vehicles per day. It is located just south of I-85 off Exit 19, where traffic exceeds 124,000 vehicles per day. The surrounding E Franklin retail corridor includes Home Depot, Lowe’s, Walmart, and Sam’s Club. The property is also within the Charlotte MSA and benefits from its position in Gaston County.
The property occupies the northeast corner of E Franklin Blvd and N New Hope Rd in Gastonia, North Carolina, with exposure to 46,000 vehicles per day. It is located just south of I-85 off Exit 19, where traffic exceeds 124,000 vehicles per day. The surrounding E Franklin retail corridor includes Home Depot, Lowe’s, Walmart, and Sam’s Club. The property is also within the Charlotte MSA and benefits from its position in Gaston County.
Key Highlights
- 7‑Eleven convenience store constructed in 2020
- Absolute NNN lease with approximately 10 years remaining
- 5.00% rental escalations every five years
Property Analytics
Property Profile
Current Use
Lease Details
46,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
Electronics 1%
QuikTrip
Shops & Services
29,488 visits/mo
0.2 miles
McDonald's
Dining
25,954 visits/mo
0.3 miles
Burger King
Dining
14,667 visits/mo
0.3 miles
Taco Bell
Dining
9,550 visits/mo
0.2 miles
Azteca
Dining
6,253 visits/mo
0.3 miles
Demographics for 28054, NC
40,548
Population
18,351
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
2,101
Density / Sq Mi
$59,524
Median Household Income
$39,883
Median Earnings
$1,150
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Single-tenant convenience store with long-term lease structure and established retail surroundings.
Where is this gas station located?
The property is located at 1600 E Franklin Blvd Gastonia, NC.
What are key features of this property?
This property features: 7‑Eleven convenience store constructed in 2020; Absolute NNN lease with approximately 10 years remaining; 5.00% rental escalations every five years
