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Circle K 1250 Lucky Penny St

4,181 SF Retail Building Charlotte, NC 28208 $7,902,229 CAD ($1,890 CAD/SF) 6.15% Cap Rate

Retail Buildings North Carolina Charlotte 1250 Lucky Penny St, Charlotte, NC 28208

INVESTMENT HIGHLIGHTS

  • Located directly off I-85 via Exit 34 | 117,000 VPD | Only fuel or c-store option on that side of interstate
  • Absolute Net Lease | Zero landlord responsibilities
  • Experienced local operator | Has successfully owned and operated now 11 convenience stores for 30 years in and around Charlotte
  • New 2023 construction
  • Long lease term | 15 years from closing
  • Good visibility from Freedom Drive | 39,000 VPD | Arterial thoroughfare into and out of downtown Charlotte

EXECUTIVE SUMMARY

Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Circle K in Charlotte, NC. We welcome your review of this attractive investment.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,181 SF
Building Class
C
Year Built
2023
Price
$7,902,229 CAD
Price Per SF
$1,890 CAD
Cap Rate
6.15%
NOI
$485,987 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.27 AC
Zoning
B2 - Business
Parking
16 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
163 ft on Bradford Dr

AMENITIES

  • Freeway Visibility
  • Signage

LINKS

1 of 1

NEARBY MAJOR RETAILERS

Food Lion
Planet Fitness
Bestway Rent-To-Own
Chase Bank
B & K Gas & More
Compare Foods
First Citizens Bank
Cook Out

PROPERTY TAXES

Parcel Number 063-043-02 Improvements Assessment $68,034 CAD
Land Assessment $1,249,230 CAD Total Assessment $1,317,264 CAD

PROPERTY TAXES

Parcel Number
063-043-02
Land Assessment
$1,249,230 CAD
Improvements Assessment
$68,034 CAD
Total Assessment
$1,317,264 CAD
(704) 714-2368

CONTACTS

  • Listing ID: 33552575

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 1250 Lucky Penny St, Charlotte, NC 28208

The Thomasboro-Hoskins Retail Property at 1250 Lucky Penny St, Charlotte, NC 28208 is currently available. Contact Berkeley Capital Advisors for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Circle K | 1250 Lucky Penny St
(704) 714-2368 x

Circle K | 1250 Lucky Penny St

1/3

Al Dickens

(704) 714-2368

(704) 714-2368

Ransome Foose

(704) 379-1985

(704) 379-1985

Jake Zapata

(210) 587-5388

(210) 587-5388

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