Property profile

2932 Mt Holly-Huntersville Rd Charlotte, NC 28214

OFF-MARKET
Retail properties & Spaces
2,406 SF 0.86 ac lot Built 1979
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple 7-Eleven convenience store and gas station located at 2932 Mt. Holly-Huntersville Rd, Charlotte, NC 28214. The property boasts 2,406 square feet on a 0.86-acre lot, built in 1979 and renovated in 2012. It features a 100% occupancy rate under an absolute NNN lease with 7-Eleven, a globally recognized brand with an S&P rating of AA-. The current lease, commenced February 5, 2012, has a remaining term of approximately 2.3 years, followed by four 5-year options. Rent increases by 10% every 5 years. The property generates a strong NOI of $170,610, resulting in a 6.35% cap rate and a price per square foot of $1,116.70. The asking price is $2,686,771. The location benefits from high traffic counts exceeding 30,500 vehicles daily, excellent visibility, and proximity to numerous amenities including major employers, colleges (Gaston College, Belmont Abbey College, Central Piedmont Community College), and a large regional medical center (CaroMont Regional Medical Center). Several apartment complexes are also nearby, contributing to a strong customer base. This is a rare opportunity to acquire a well-established, high-performing asset in a thriving market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1979
Total area 2,406 SF
Lot 0.86 ac (37,462 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2932 Mt Holly-Huntersville Rd Charlotte, NC 28214
Charlotte metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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