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Circle K 1250 Lucky Penny St

4,181 SF Retail Building Charlotte, NC 28208 $5,463,000 ($1,307/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
$5,463,000
Price Per SF
$1,307
Cap Rate
6.15%
NOI
$335,975
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

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Nearby Major Retailers

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

PROPERTY TAXES

Parcel Number 063-043-02 Improvements Assessment $47,800
Land Assessment $877,700 Total Assessment $925,500

PROPERTY TAXES

Parcel Number
063-043-02
Land Assessment
$877,700
Improvements Assessment
$47,800
Total Assessment
$925,500
(704) 714-2368

Contacts

  • Listing ID: 33552575

  • Date on Market: 10/17/2024

  • Last Updated:

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

More public record information on 1250 Lucky Penny St, Charlotte, NC 28208

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

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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

Circle K | 1250 Lucky Penny St

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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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