Circle K | 5330 Statesville
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Circle K 5330 Statesville
5,200 SF Retail Building Charlotte, NC 28269 £4,274,524 (£822/SF) 6.15% Net Initial Yield
Investment Highlights
- Signalized corner intersection | Statesville Rd & Lake Rd | Statesville Rd hosts 22,500 VPD
- 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 2024 construction
- Long lease term | 15 years from closing
- Strong projected population growth over the next 5 years | 11.95% growth within a 5-mile radius
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
Design & Build
Property Type
Retail
Property Subtype
Building Size
5,200 SF
Year Built
2023
Price
£4,274,524
Price Per SF
£822
Net Initial Yield
6.15%
NOI
£262,883
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.74 AC
Parking
16 Spaces (3.08 Spaces per 1,000 SF Leased)
Amenities
- Signage
Nearby Major Retailers
1 of 11
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Circle K | 5330 Statesville
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