480 Williams Rd
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480 Williams Rd
1,512 SF Retail Building Lewisville, NC 27023 £609,802 (£403/SF) 5.75% Net Initial Yield
Investment Highlights
- Top-Tier Tenant: Anchored by Circle K, a global leader in the convenience store and fuel retail sector, with over 14,000 locations worldwide
Executive Summary
Coldwell Banker Commercial Advantage and Scotty Beal are pleased to present a 1.45-acre NNN investment opportunity at 480 Williams Road, Lewisville, NC 27023. Anchored by Circle K, a global leader in the convenience store and fuel retail sector, this property features a fully passive, long-term lease with rental increases extending through 2052, offering investors stable and predictable income. Positioned directly on Williams Road with 14,000 vehicles per day and an adjacent off-ramp serving 5,100 vehicles per day, this prime location benefits from excellent accessibility and proximity to a Food Lion-anchored shopping center and other area retail. Robust local demographics, including high disposable incomes and a well-educated population, further enhance the investment’s appeal.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Service Station
Building Size
1,512 SF
Building Class
C
Year Built/Renovated
1967/2011
Price
£609,802
Price Per SF
£403
Net Initial Yield
5.75%
NOI
£35,064
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
1.45 AC
Zoning
HB - Lewisville HB District is primarily intended to accommodate retail service and distributive uses.
Parking
18 Spaces (11.9 Spaces per 1,000 SF Leased)
Frontage
200 ft on Williams Rd
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5875-75-7289 | Improvements Assessment | £170,745 |
| Land Assessment | £436,619 | Total Assessment | £607,363 |
PROPERTY TAXES
Parcel Number
5875-75-7289
Land Assessment
£436,619
Improvements Assessment
£170,745
Total Assessment
£607,363
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480 Williams Rd
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