Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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