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7-Eleven 1819 Princeton Kenly rd 4,650 SF Retail Building Kenly, NC 27542 $9,715,000 ($2,089.25/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 2024 brand new construction | Large parcel | 9.61 acres
  • Corporate lease | 7-Eleven, Inc. | 86,000+ locations across 20 countries
  • Sustained population growth within 3 miles | 17.74% from 2010-2025
  • NNN lease | Zero landlord responsibilities |Desirable lease term | 14 years remaining
  • Investment grade credit | Baa2/A- | Stronger than a majority of national retail tenants
  • Stable projected population growth over the next 5 years | 10.36% growth within a 3-mile radius

EXECUTIVE SUMMARY

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale 7-Eleven in Kenly, NC. We welcome your review of this attractive investment.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Building Size
4,650 SF
Year Built
2024
Price
$9,715,000
Price Per SF
$2,089.25
Cap Rate
5.50%
NOI
$534,500
Tenancy
Single
Building Height
1 Story
Zoning
Commercial

NEARBY MAJOR RETAILERS

Caribou Coffee
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03Q04002
Land Assessment
$1,213,480
Improvements Assessment
$3,317,110
Total Assessment
$4,530,590
  • Listing ID: 38082466

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 1819 Princeton Kenly rd, Kenly, NC 27542

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