| Price $7,480,000 | Built/Renov 2017 | Tenant QuickTrip |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,879
| Lease Start
12-28-2017
| #Units
979
|
| Price/SF $1,272.33 | Expiration
12-31-2037
| Tenant Type Convenience/Gas |
| NOI $374,010 | R. Term 13.5 | Ownership Fee Simple |
| Rent/SF
$63.62
| Increases 5.0%/5/yrs | Pop 5Mi 150,978 |
| Lot/AC 3.16 | Options 7/5yrs/5% | AHHI 5Mi $113,454 |
| | |
QuickTrip is located at the signalized, hard corner intersection of Derita Road and Christenbury Parkway with access to a combined 33,000 vehicles per day. The property is strategically positioned along Interstate 85 (160,000VPD) and benefits from excellent visibility and multiple points of ingress/egress. The property consists of a 5,879 SF convenience store, a canopy with eight gas pumps and...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Absolute NNN
Long 10+ yr lease
Accelerated depreciation
Corporate Guarantee
The QuikTrip Corporation, more commonly known as QuikTrip (QT), is an American chain of convenience stores and gas stations that primarily operates in the Midwestern, Southern, and Southeastern...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 9,089 | 63,422 | 163,600 |
| 2023 Total Population : | 7,827 | 58,797 | 150,978 |
| 2023 Employed Civilian Pop : | 4,113 | 30,922 | 80,610 |
| 2023 Total Businesses : | 440 | 1,588 | 4,305 |
| 2023 Average Household Income : | $ 114,117 | $ 125,490 | $ 113,454 |
| 2023 Total Consumer Spending : | $ 318 M | $ 2354 M | $ 5522 M |
| 2023 Median Age : | 35 | 35 | 33 |
| 2023 Total Households : | 3,241 | 21,970 | 56,696 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,460 | 12,635 | 32,296 |
| 2023 Average Home Value : | $ 463,218 | $ 375,166 | $ 363,361 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Derita Rd | Concord Mills Blvd | 2018 | 15,500 | 0.08 mi |
| Concord Mills Boulevard | Derita Rd | 2018 | 21,500 | 0.13 mi |
| Concord Mills Blvd | Thunder Rd NW | 2016 | 21,000 | 0.25 mi |
| Derita Rd | Christenbury Rd | 2016 | 13,000 | 0.27 mi |
| SR 2894 | Cox Mill Rd | 2020 | 17,500 | 0.27 mi |
| SR 1448 | Cox Mill Rd | 2020 | 6,500 | 0.38 mi |
| Odell School Rd | Carolina Lilly Ln | 2014 | 12,000 | 0.45 mi |
| Carolina Lily Ln | Calpella Ct | 2010 | 1,600 | 0.56 mi |
| Concord Mills Blvd | I- 85 | 2016 | 42,000 | 0.82 mi |
| Christenbury Rd | Accipiter Way | 2016 | 6,600 | 0.92 mi |
Franklin, NH
Cap Rate 5.35%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 4,350
Glenarden, MD
Cap Rate 4.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 4,000
Kildeer, IL
Cap Rate 4.50%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 5,938
Littleton, CO
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 5,790
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
