6511 Yadkin RdFayetteville, NC 28303
- Retail properties
- 4,650 SF
Property Details for 6511 Yadkin Rd
- Year built
- 2024
- Lot size
- 2.75 AC
- Property size (Sq ft)
- 4,650 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a brand-new, 4,650 square foot 7-Eleven convenience store and gas station located at 6511 Yadkin Rd, Fayetteville, NC 28303. Built in 2024, this property sits on a 2.75-acre lot at a signalized intersection with excellent visibility and access to Interstate 295 (58,100 VPD). The property benefits from a 15-year absolute NNN lease with 4 five-year renewal options, featuring a corporate guarantee from 7-Eleven, Inc. Rent increases of 10% every five years are built into the lease, providing a hedge against inflation. The property boasts 16 gas pumps and enjoys 100% occupancy, generating a strong NOI of $441,718 and a 5.15% cap rate. The asking price is $8,577,000. This location is strategically positioned near Fort Liberty, the world's largest military base by population (80,000+), and is conveniently located 3.5 miles (10 minutes) from Cross Creek Mall, ensuring high traffic and strong consumer demand. The property offers a management-free investment opportunity with zero landlord responsibilities
Location Insight
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Latitude
- 35.1058
- Longitude
- -78.9953
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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