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6100 N Croatan Hwy 4,640 SF Retail Building Kitty Hawk, NC 27949 $6,793,000 ($1,464.01/SF) 5.10% Cap Rate
INVESTMENT HIGHLIGHTS
- 2020 Construction. 4,640+/- SF Building on 1.14+/- Acre Site
- Adjacent to Kitty Hawk Elementary on the AM Side of the Road
- 7-Eleven Is the World’s Largest Convenience Store Chain with 85,000+ Locations Worldwide
- Signalized Hard Corner Location at N Croatan Hwy & Woods Rd (27,000 Combined VPD)
- First Convenience Store Entering the Outer Banks from Point Harbor
- Kitty Hawk, NC | Coastal Tourist Destination on the Outer Banks | Population: 3,715
EXECUTIVE SUMMARY
Approx. 10 Years Remaining on Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,640 SF
Building Class
B
Year Built
2020
Price
$6,793,000
Price Per SF
$1,464.01
Cap Rate
5.10%
NOI
$346,436
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.14 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010335000 | Improvements Assessment | $2,019,600 |
| Land Assessment | $2,593,500 | Total Assessment | $4,613,100 |
PROPERTY TAXES
Parcel Number
010335000
Land Assessment
$2,593,500
Improvements Assessment
$2,019,600
Total Assessment
$4,613,100
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6100 N Croatan Hwy
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