3750 Independence Blvd Charlotte, NC 28205-7265
Property profile & analytics
3750 Independence Blvd Charlotte, NC 28205-7265
- Grocery and convenience stores
- 3,010 SF
- 1.20 lot acres
Property ID
US53-4670043
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 7-Eleven / Grocery & Convenience Store
- PNC Bank ATM / Atm
Property Details for 3750 Independence Blvd
- Year built
- 2019
- Lot size
- 1.20 lot acres
- Property size
- 3,010 SF
- Zone code
- B-2
- Property type
- Grocery and convenience stores
- APN
- 16101274
- APU
- 16101274
Description
This exceptional investment opportunity presents a fee-simple ownership of a top-performing 7-Eleven convenience store and gas station in Charlotte, North Carolina. Located at 3750 E Independence Blvd, this 3,010 square foot property sits on a 1.2-acre lot and boasts a 100% occupancy rate with a corporate-guaranteed, absolute NNN lease. The 15-year lease, commencing March 1, 2020, and expiring February 28, 2035, has a remaining term of 10.3 years, including four 5-year renewal options. Rent increases of 10% every five years are built into the lease, providing a hedge against inflation and ensuring consistent NOI growth. The property features 12 gas pumps and benefits from a high-traffic location on E Independence Blvd (111,200 vehicles per day), shadow-anchored by a Walmart and situated near other prominent businesses including Starbucks, Bojangles, and Take 5 Car Wash. Its proximity to downtown Charlotte (5 miles) and Novant Health Forsyth Medical Center further enhances its desirability. The property's strong financial performance is evident in its $275,898 net operating income (NOI) and a 5.15% cap rate. Built in 2020, this property offers a management-free investment opportunity with zero landlord responsibilities, as the tenant covers all CAM, taxes, and insurance. The exceptional demographics of the area, with a 5-mile population exceeding 306,649 and an average household income of $111,276, contribute to the property's consistent high performance. This is a rare in-fill location in a thriving market, making it an ideal investment for passive investors seeking strong returns and long-term stability. The asking price is $5,357,243, translating to $1,779.81 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,305,000
- ML approach
- $5,305,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,513,000
Market price range: $1.38M - $3.51M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7783
- Latitude
- 35.2006
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,768
$1,734,500
$960,500
$2,695,000
-
$1,734,500
$960,500
$2,695,000
