7-Eleven

$ 6,471,623Murrells Inlet, SC

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Property Details

FOR SALE

Oswald Cooke & Associates is pleased to offer a new-construction corporate 15-Year NNN 7-Eleven, located in Murrells Inlet, South Carolina.   The store is set to open in late September, and offers the investor 10% rent escalations every 5th year, including all options. The Publix outparcel is located at the intersection of Highway 707 (23,400 VPD) and TPC Boulevard in Murrells Inlet, South Carolina, a rapidly growing submarket of Myrtle Beach. The site has experienced a 42% population growth (5 Miles) over the past ten years.  Other national retailers in the area include Publix, CVS, Bojangles, Home Depot, Starbucks, Wal-Mart, Cracker Barrel, and many others.   7-Eleven has a standard and Poor’s bond rating of AA-, and with 9,300+ stores in the US, and is the nation’s largest convenience store chain. They are located in eighteen countries and produced over $99.7 billion in revenue in 2019.

 

HIGHLIGHTS

  • Corporate Guarantee
  • 15-Year NNN Lease
  • New Construction
  • Myrtle Beach MSA
  • Traffic Lit Intersection
  • 42% Population Growth (5 Mile)