5330 Statesville Rd, Charlotte, NC 28269-4173

This exceptional investment opportunity presents a brand-new, 2024-built Circle K convenience store and gas station located at a signalized intersection on Statesville Rd in Charlotte, NC. The property boasts a 15-year absolute NNN lease with a franchisee tenant, offering zero landlord responsibilities. The 5,200 square foot building sits on a 1.74-acre lot with 16 parking spaces. Rent increases are built in, with a 10% bump every five years. The lease has a remaining term of 15 years, expiring December 31, 2039, and includes five, five-year renewal options. The property generates a strong NOI of $336,000, resulting in a 6.15% cap rate. This location benefits from high traffic volume (22,500 vehicles per day on Statesville Rd), a dense industrial corridor, and a robust, affluent surrounding area with significant population growth (11.95% within a 5-mile radius and 33.08% within a 1-mile radius from 2010-2024). The average household income within 5 miles is $95,585. Proximity to major medical centers, Charlotte's CBD, UNC Charlotte, and Charlotte Douglas International Airport further enhances the property's value. Numerous nearby destination retailers provide additional traffic and consumer draw. This is a turnkey investment with significant long-term potential. The asking price is $5,463,000.