| Purchase Price | $5,680,000 |
|---|---|
| Annual Rental Income | $284,000 |
| Cap Rate | 5% |
| Lease Term | 15 Years |
| City | Charleston MSA |
For Sale: 7-Eleven Absolute NNN Investment | Charleston MSA, South Carolina
An outstanding opportunity to acquire a premium 7-Eleven convenience store in the rapidly expanding Charleston, South Carolina MSA. This long-term absolute NNN lease investment is backed by an A-rated corporate guarantee, providing true passive income with zero landlord responsibilities. Featuring scheduled rental increases, a large hard-corner parcel, and strong local demographics, this asset offers stability, growth, and security for discerning investors.
The lease is structured on an absolute triple net basis, with the tenant responsible for all operating expenses, including taxes, insurance, and full maintenance of the property. Investors enjoy a hassle-free income stream, supported by an A-rated corporate guarantee from 7-Eleven, one of the most reliable and recognized convenience retail brands nationwide. With scheduled rent increases every five years, this property ensures ongoing income growth and protection against inflation.
Located on a prominent hard corner, the property benefits from daily traffic counts of more than 37,000 vehicles. The site sits on a 1+ acre parcel, offering excellent visibility, multiple access points, and long-term residual land value. The surrounding retail corridor is anchored by national tenants such as Publix, Walmart, Chick-fil-A, Walgreens, and Starbucks, providing steady consumer traffic and long-term tenant performance.
The Charleston MSA is one of the fastest-growing regions in the Southeast, driven by a diverse economic base including aerospace, automotive manufacturing, healthcare, and shipping. Major employers like Boeing, Volvo, and Mercedes-Benz have a strong presence in the area, fueling job growth and attracting new residents. Charleston’s port operations also continue to expand, cementing the region as a key logistics hub.
Demographics surrounding the property are robust. Within a five-mile radius, the population exceeds 120,000 residents, while the ten-mile radius captures over 310,000 people. Average household income stands at approximately $87,000 within five miles and rises to $91,000 within ten miles. These strong income and population metrics highlight the market’s strength and retail demand.
This investment is also eligible for 100% bonus depreciation, creating meaningful tax advantages for qualified investors. When paired with a 1031 exchange, the property offers an excellent avenue for deferring capital gains while benefiting from a truly passive income structure. Buyers are encouraged to consult with a CPA to understand how these tax benefits apply to their individual situation.
Charleston’s continued population and job growth, coupled with its strategic location and quality of life, make it one of the most sought-after markets for investors. This 7-Eleven asset represents an outstanding opportunity to secure long-term, reliable income with no landlord responsibilities.
Key Investment Highlights:
This 7-Eleven in the Charleston MSA offers a unique chance to own a best-in-class triple net asset with unmatched security, income growth, and long-term value in one of the Southeast’s most dynamic markets.
Contact us today to request the complete offering memorandum, lease abstract, demographic studies, and site plans.