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195 Old Mocksville Rd
Statesville, NC 28625
Sheetz Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2024 new construction | Desirable lease term | 14 years remaining
- Corporate lease | Sheetz, Inc. | 740+ locations across 6 states
- Close Proximity to recently opened new major interchange between I-40 & I-77
- Absolute Net Ground Lease | Zero landlord responsibilities
- Strategically located as the first stop off I-40 via exit 154 | 41,500 VPD
- 3 new industrial warehouses being built along I-77 | Vast majority of the industrial employees must pass Sheetz to get to I-40 or I-77
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Sheetz Ground Lease in Statesville, NC. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,500 SF
Building Class
B
Year Built
2024
Price
$5,143,000
Price Per SF
$791.23
Cap Rate
5.25%
NOI
$270,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.30 AC
Zoning
Commercial
Parking
28 Spaces (4.31 Spaces per 1,000 SF Leased)
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