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8641 South BlvdCharlotte, NC 28273
7-Eleven Anchor Strip | Charlotte, NC
Asset ClassRetail
Cap Rate6.25%
Infill 7-Eleven Anchored Strip | Charlotte, NC
overview of deal


Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a 2 tenant net-lease property in Charlotte, NC. This 5,441 SF building is a 100% occupied by two tenants: 7-Eleven and Kure Vape. The asset is well positioned on a hard corner of two main commuter thoroughfares in Charlotte, NC and is located directly next to a Light Rail stop with heavy traffic volumes for commuters to the city.

Situated at 8641 South BV, the 5,441 square foot building has been leased to 7-Eleven and Kure Vape since 2015. 7-Eleven has another 5 years remaining with 4 option periods remaining, while Kure Vape has approximately 1 year and 6 months remaining with 0 options.

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Investment Highlights

Attractive Lease Fundamentals | Rent Bump Soon

  • Each lease is structured NNN, providing minimal landlord responsibility
  • 7-Eleven has a 10% rent bump coming in 2025, which will boost your annual return

Strong Corporate Anchor Tenant

  • The center is anchored by 7-Eleven
  • 7-Eleven market cap of $37.18B
  • Over 83,000 locations across the world

Charlotte MSA Tailwinds

  • Charlotte MSA has added more than 135K people form 2020 to 2023 making it the 5th fastest growing city in the Country
  • Charlotte forecasts a 45.2% job growth over the next 10 years

Prime Charlotte Real Estate

  • Located at the lighted intersection of Sharon Rd W (23.5K) and South Bv (33.5KVPD)
  • Across the street from Sharon Rd West Light Rail Stop (Over 13M riders per year)
  • Over 3.8K apartment units in a 1-mile radius

Surrounded by Thousands of Workers

  • Over 2.7MSF of industrial space located in a 1-mile radius
  • Across the street from Campbell Snacks 700K SF distribution facility

Re-Leasing Upside

  • Kure vapor has minimal term remaining with 0 option periods, providing the next owner the ability to ‘mark-to-market’ (Market Leasing Assumption: Upper $20’s psf) the rent with a new tenant, renew Kure Vapor, or lease the excess space to 7-Eleven
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8641 South BlvdCharlotte, NC 28273
Sharon Rd West Light Rail Stop
Quail Hollow Country Club

Sales Team

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Listing provided by Revere CRE