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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
Investment Highlights
- 2024 brand new construction | NNN lease | Zero landlord responsibilities
- Corporate lease | 7-Eleven, Inc. | 86,000+ locations across 20 countries
- Large parcel | 9.61 acres
- Desirable lease term | 14 years remaining
- Investment grade credit | Baa2/A- | Stronger than a majority of national retail tenants
- Sustained population growth within 3 miles | 17.74% from 2010-2025
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
- Offering Memorandum
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
Property Taxes
| Parcel Number | 03Q04002 | Improvements Assessment | $3,317,110 |
| Land Assessment | $1,213,480 | Total Assessment | $4,530,590 |
Property Taxes
Parcel Number
03Q04002
Land Assessment
$1,213,480
Improvements Assessment
$3,317,110
Total Assessment
$4,530,590
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7-Eleven | 1819 Princeton Kenly rd
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