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Circle K Ground Lease for Sale

$750,000

480 Williams Road, Lewisville, NC 27023

Active
Last Updated: 01/15/2025

5.75

Cap Rate

1,512 sqft

Building Size

Details:
Cap Rate:    5.75%
Building Size:    1,512 sqft
Lot Area:    1.45 acres
Year Built:    1967
Zoning:    HB
Parking Spots:    18
Year Last Renovated:    2011
Highlights:
  • Lot Dimension: 200x198x305x48x296x30
  • Tax Roll Number: 5875-75-7289
  • Annual Tax: $ 7386.0
  • Max Contiguous Area: 0.0
  • Water: Municipal Water
  • Sewer: Aerobic System
  • Lot Size: 1-2 Acres
Description:

Coldwell Banker Commercial Advantage and Scotty Beal are pleased to present a 1.45-acre NNN investment opportunity at 480 Williams Road, Lewisville, NC 27023. Anchored by Circle K, a global leader in the convenience store and fuel retail sector, this property features a fully passive, long-term lease with rental increases extending through 2052, offering investors stable and predictable income. Positioned directly on Williams Road with 14,000 vehicles per day and an adjacent off-ramp serving 5,100 vehicles per day, this prime location benefits from excellent accessibility and proximity to a Food Lion-anchored shopping center and other area retail. Robust local demographics, including high disposable incomes and a well-educated population, further enhance the investment’s appeal.

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