7-Eleven Gas & C-Store
Single-Tenant Offerings
7-Eleven Gas & C-Store
4995 Socastee Blvd.
Myrtle Beach, SC
- Price:
- $9,094,000
- Cap Rate:
- 5.25%
- NOI:
- $477,456
- Rentable SQFT:
- 4,650 SF
- Year Built:
- 2025
- Lot Size:
- 2.16 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Corporate Guaranty by 7-Eleven, Inc., Investment Grade Credit (Rated ”A-“ by S&P)
- 7-Eleven Has Never Defaulted on a Lease in the History of Tenant Operations, Occupy Established Locations for an Average of 43 Years
- Brand New High-Quality Construction (16 Fuel Pumps) on Oversized Parcel, Eligible for 100% Bonus Depreciation
- Serving Over 100,000 Residents in One of the Fastest-Growing Cities in the U.S.
- Surrounded by Several New Residential Developments Under Construction with 8,000+ Homes
- The Myrtle Beach Area Receives Over 18 Million Visitors Annually, Top Tourist Destination in the U.S.
- Average Household Income Exceeds $83,000 Within 3 and 5 Miles
- Excellent Access and Visibility to 44,400 Cars/Day Along Major Arteries
- Strong Daytime Population, Over 57,000 Employees in Primary Trade Area
- Minutes to Grand Park & Sports Complex with 300,000 Visitors Annually, Undergoing $42 Million, 90-Acre Expansion
- South of Coastal Carolina University (11,348 Students) and Horry Georgetown College (7,353 Students)
- Across from Socastee High School (1,719 Students) and Near Several K-12 Schools (7,000+ Students)
- Just West of Myrtle Beach International Airport (3.8 Million Passengers in 2024)
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