4245 Louisburg Rd - Convenience Store FOR SALE
Raleigh, NC 27604 |
4245 Louisburg Rd
Raleigh, NC 27604
HIGHLIGHTS
- Top Real Estate Marked in the Country - Raleigh is one of the top real estate markets based on investor demand and other metrics
- Strong Corporate Guaranty - 7-Eleven is among the world’s largest and most widely recognized and iconic retailers | Goal to grow to 20k stores by 2027
- Long-Term Lease with Favorable Rent Increases - 15 year initial term with 4, 5-year options | 5% Increases every 5 years
- Located in Concentrated Retail Corridor - Lowe's Home Improvement (.7 miles), Sam's Club (.7 miles), At Home (1.0 mile), and Food Lion (.3 miles)
- Passive Income - Absolute NNN Lease | Brand new 2022 construction | new prototype 2.0 and larger store format will further drive patronage
- Located at Heavily Trafficked, Signalized Intersection - The property lies near Capital Boulevard (29,000 VPD) and Louisburg Road (14,830 VPD)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
7-Eleven - Raleigh, NC Infill
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Drug Store, Fast Food, Freestanding
TOTAL BUILDING SIZE
4088
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1726.19-51-4656-000
