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7-Eleven Gas & C-Store 4995 Socastee Blvd 4,650 SF 4-Star Retail Building Myrtle Beach, SC 29588 $12,694,497 CAD ($2,730.00 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- 7-Eleven Has Never Defaulted on a Lease in the History of Tenant Operations, Occupy Established Locations for an Average of 43 Years
- Serving Over 100,000 Residents in One of the Fastest-Growing Cities in the U.S.
- Corporate Guaranty by 7-Eleven, Inc., Investment Grade Credit (Rated ”A-“ by S&P)
- Brand New High-Quality Construction (16 Fuel Pumps) on Oversized Parcel, Eligible for 100% Bonus Depreciation
- Surrounded by Several New Residential Developments Under Construction with 8,000+ Homes
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$12,694,497 CAD
Price Per SF
$2,730.00 CAD
Cap Rate
5.25%
NOI
$666,490 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.16 AC
NEARBY MAJOR RETAILERS
1 of 5
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7-Eleven Gas & C-Store | 4995 Socastee Blvd
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