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Gas Station with Convenience Store

2347 Catherine Lake Rd, Richlands, NC 28574

For Sale
Contact for pricing

The property is subject to a long-term triple-net lease with scheduled annual increases.

Property Size3,080 SF
Lot Size0.53 Acres
Price / SF$1,057
Days on Market42

Property Features for 2347 Catherine Lake Rd

General Information

Standard status Active
Size 3,080 SF
Lot size 0.53 Acres
Property subtype Retail

Automotive

Automotive Uses fuel station
Convenience Store Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants GPM
Real Estate Included Yes
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 3:51PM

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 SURMOUNT

Rey
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Investment Insights

Based on property information with market context.

This gas station and convenience store occupies approximately 3,080 rentable square feet on an estimated 0.53-acre parcel. The property is leased under a 30-year triple-net agreement that began March 27, 2008, with rent scheduled to increase 2.00% annually.

The site is located at 2347 Catherine Lake Rd in Richlands, North Carolina.

Key Highlights

  • 30‑year triple‑net lease commenced 3/27/2008
  • Approximately 3,080 rentable square feet on an estimated 0.53‑acre parcel
  • Scheduled annual rent increases of 2.00%

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Subway Take-out & Catering Scotchman Store Grocery & Convenience Store Western Union Bank ATM Atm Shell Restaurant

Suggested Use

Top Pick Restaurant Grocery & Convenience Store Garden Center Accounting Firm Pet Grooming Service Auto Repair Shop

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

28
Businesses Nearby

Demographics for 28574, NC

18,689
Population
8,055
Households
2.3
Avg Household Size
32
Median Age
20%
College-Educated
94%
High-School Grad
124.0 sq mi
ZIP Area
151
Density / Sq Mi
$66,555
Median Household Income
$38,605
Median Earnings
$1,123
Median Rent
$204,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Gas station - The property is subject to a long-term triple-net lease with scheduled annual increases.
Where is this gas station located?
The property is located at 2347 Catherine Lake Rd Richlands, NC.
What is the asking price?
The asking price for this property is $3,258,000.
What are key features of this property?
This property features: 30‑year triple‑net lease commenced 3/27/2008; Approximately 3,080 rentable square feet on an estimated 0.53‑acre parcel; Scheduled annual rent increases of 2.00%
(332) 345-4222 Call to check price and availability
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