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    OFF-MARKET
    Retail properties & Spaces

    2932 Mt Holly-Huntersville Rd, Charlotte, NC 28214

    2,406 SF 0.86 ac lot Built 1979
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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