7-Eleven NNN Property For Sale — Piedmont, SC
Augusta Road & Sandy Springs Road, Piedmont, SC 29673
This exceptional single-tenant net-leased 7-Eleven property is strategically located in Piedmont, South Carolina, within the thriving Charleston MSA. Operating 24/7, the store benefits from a corporate lease extending through January 2036. The lease is absolute triple net, ensuring no landlord responsibilities, and includes attractive 10% rent increases every five years during the initial term, followed by 7.5% increases during the first three renewal options. As a fuel station asset, investors may qualify for 100% bonus depreciation (consult with your tax advisor). The 2,900-square-foot property is ideally situated at the signalized intersection of Augusta Road and Sandy Springs Road, boasting a combined daily traffic count exceeding 25,200 vehicles. Its prime location is less than two m…
- Address: Augusta Road & Sandy Springs Road, Piedmont, SC 29673
- Asking price $3.17M
- 5.40% cap rate
- NOI $171,105
- 9.4 years remaining
- NNN lease
- Year built: 2013
- Building size: 2,900 SF
- Lot size: 1.94 acres
- Lease expiration: Jan 31, 2036
- Rent increases: Primary (Jan 2031): 10%; Option 1 (Feb 2036): 7.5%; Option 2 (Feb 2041): 7.5%; Option 3 (Feb 2046): 7.5%; …
- Guarantor: Corporate
Location
This 7-Eleven property is at Augusta Road & Sandy Springs Road in Piedmont, South Carolina.
Asset type: Convenience Store with Fuel