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Sheetz Ground Lease 195 Old Mocksville Rd

6,500 SF Retail Building Statesville, NC 28625 £4,266,054 (£656/SF) 5% Net Initial Yield

Investment Highlights

  • 2024 new construction | Fresh 15-year lease
  • Corporate lease | Sheetz, Inc. | 680+ locations across 6 states
  • Close Proximity to recently opened new major interchange between I-40 & I-77
  • Absolute Net Ground Lease | Zero landlord responsibilities
  • Strategically located as the first stop off I-40 via exit 154 | 41,500 VPD
  • Across Old Mocksville Rd from Davis Regional Medical Center | 144 bed hospital

Executive Summary

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Sheetz Ground Lease in Statesville, NC. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,500 SF
Year Built
2024
Price
£4,266,054
Price Per SF
£656
Net Initial Yield
5%
NOI
£213,303
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Land Acres
4.30 AC
Parking
28 Spaces (4.31 Spaces per 1,000 SF Leased)
  • Listing ID: 33437223

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 195 Old Mocksville Rd, Statesville, NC 28625

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