2603 E Cherokee St, Blacksburg, SC 29702
An absolute NNN lease guaranteed by 7-Eleven, Inc. places property taxes, insurance, maintenance, roof, and structural responsibilities with the tenant.
Property Features for 2603 E Cherokee St
General Information
Site & Location
Automotive
Tenancy & Operations
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property is at Exit 106 on I-85 in Blacksburg, South Carolina, along a corridor carrying more than 60,000 vehicles per day. I-85 connects Upstate South Carolina with the Charlotte region and serves both local and interstate traffic.
The absolute NNN lease is guaranteed by 7-Eleven, Inc., with the term running through March 31, 2037, and more than 10 years remaining. Contractual rent increases of 10% occur every five years, followed by four five-year renewal options. The tenant handles taxes, insurance, maintenance, roof, and structure.
Key Highlights
- 16.04‑acre truck stop with a 4,743‑square‑foot convenience store
- At I‑85 Exit 106, where traffic exceeds 60,000 VPD
- Fueling includes 10 gas pumps, 20 fuel stations, and 7 diesel pumps for 18‑wheelers