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7-Eleven Gas & C-Store

$9,094,000

4995 Socastee Boulevard, Myrtle Beach, SC 29588

Active
Last Updated: 10/17/2025

5.25

Cap Rate

477,456

NOI

Details:
Cap Rate:    5.25%
NOI:    $477,456
Building Size:    4,650 sqft
Lot Area:    2.16 sqft
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2025
Tenancy:    Single
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.
Description:

Broker of Record:
Benjamin Yelm
License: SC 86628

Map:
Documents:
Title
7-Eleven__Myrtle_Beach__SC_.pdf
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Location
Gallery