6100 North Croatan Highway, Kitty Hawk, NC 27949

This single-tenant convenience store is leased on a corporate absolute NNN basis to 7-Eleven and opened in January 2021. The offering is described as having approximately 10 years remaining on the lease term. The tenant profile is supported in the remarks by an “A” credit rating from S&P. The property size is listed as 4,640 square feet.

The store sits on a hard corner at a signalized intersection of N Croatan Highway and Woods Road in Kitty Hawk, North Carolina. The location is estimated to see approximately 21,000 vehicles per day combined. The remarks further describe it as a first convenience stop for travelers heading into the Outer Banks from Point Harbor and the last convenience stop when leaving. The property is adjacent to Kitty Hawk Elementary on the AM side of the road, and the school is described as having nearly 500 students.

For tenants and investors seeking a convenience retail format backed by a long-standing national operator, this asset provides a straightforward single-tenant structure under an absolute NNN lease. The surrounding retail corridor is described as dense and anchored by national and regional brands, including Costco, IKEA, Walgreens, Jewel Osco, and Papa’s Pizza Place, along with ARC Athletics Center and a community family aquatics center. The Outer Banks market is described in the remarks as generating more than $2 billion in annual visitor spend, with Cape Hatteras National Seashore about 45 minutes away.