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Rank #4 of 3181/100 · EXCELLENT

7-ElevenAbsolute NNN

838 Tyvola Rd, Charlotte, NC

Cap Rate5.00%
Asking$3,239,000
Annual Rent$161,949
Term Remaining5.6 yrs

Location Scorecard Fortis model · EXCELLENT

Traffic (AADT)47,500 (2022)
Population (3 mi)90,402
Avg HH income (3 mi)$137,695
Daytime jobs (3 mi)103,780
Fuel competitors (1 mi)14
CountyMecklenburg County

Lease & Rent

Tenant / banner7-Eleven
Lease structureAbsolute NNN
Lease expirationApr 2032
Term remaining5.6 yrs
Rent escalations7.5% every 5 years
Renewal options(2) 5-yr (lease summary workbook)

Financials

Annual rent$161,949
Asking price$3,239,000
Cap rate5.00%
Building SF2,959
Price / SF$1,095

Financing Scenario

Loan—
Down—
Debt service—
DSCR—
Cash-on-cash—
Debt yield—

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)