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5990 Charlotte Hwy 3,010 SF Retail Building Clover, SC 29710 $8,438,129 CAD ($2,803.37 CAD/SF) 4.75% Cap Rate
Investment Highlights
- 2020 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
- Strategically Located Minutes from Lake Wylie, a 12,455-Acre Recreational Lake on the NC/SC Border
- 7-Eleven (S&P Rated A) Operates 85,000 Stores Globally and 15,300+ in North America
- Excellent Highway Location at the Signalized Intersection of State Highway 49 & Lake Wylie Road (43,000+ Combined VPD)
- 20 Miles from Downtown Charlotte, One of the Fastest-Growing Metros and the Second Largest Banking Center in the U.S.
- Clover, SC | Located in Growing York County, 2nd Fastest Growing School District in South Carolina | Population: 6,671
Executive Summary
12-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,010 SF
Building Class
B
Year Built
2020
Price
$8,438,129 CAD
Price Per SF
$2,803.37 CAD
Cap Rate
4.75%
NOI
$400,832 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.11 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 5590000018 | Improvements Assessment | $75,901 CAD |
| Land Assessment | $63,826 CAD | Total Assessment | $139,727 CAD |
Property Taxes
Parcel Number
5590000018
Land Assessment
$63,826 CAD
Improvements Assessment
$75,901 CAD
Total Assessment
$139,727 CAD
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5990 Charlotte Hwy
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