7-Eleven - Net Lease Property for Sale
Fort Mill, SC
Key Investment Metrics
Price
$6,821,578
Cap Rate
4.8%
Net Operating Income
$324,025
Building Size
3479 SF
Lot Size
3,479 SF
Land Area
1.64 Acres
Remaining Term
9.3 years
Lease Expiration
05/01/2035
Lease Term
15 years
Lease Commencement
05/01/2020
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2020
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years in Primary and Options
About This 7-Eleven Net Lease Property
This 7-Eleven NNN (triple net lease) property is located in Fort Mill, SC and represents an excellent investment opportunity for commercial real estate investors. The property features 3479 square feet of building space and was built in 2020.
With a cap rate of 4.8%, this 7-Eleven net lease property offers stable income potential. The asking price is $6,821,578, making it an attractive option for 1031 exchange investors seeking quality 7-Eleven commercial properties.
Why Invest in 7-Eleven NNN Properties?
- Stable Income: 7-Eleven net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: 7-Eleven is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fort Mill, SC Market Overview
Located in Fort Mill, SC, this 7-Eleven property benefits from strong local demographics and market fundamentals. The Fort Mill area offers excellent visibility and accessibility, making it an ideal location for 7-Eleven operations and a solid investment for net lease property buyers.