Investment Overview
This offering consists of a single-tenant, freestanding Sunoco gas station in Fayetteville, NC. The property operates under an absolute NNN lease structure, minimizing landlord responsibilities to zero, making it an attractive investment for buyers seeking stable, passive income. With a remaining lease term of seven years and one extension option, the lease has a current NOI of $72,720. Current site performance reflects strong fundamentals, including projected escalations in rent and a cap rate beginning at 6.61%.
Positioned on Fayetteville’s Raeford Road, the asset benefits from heavy traffic counts exceeding 46,600 vehicles per day and serves a dense population base, with over 72,900 residents within a three-mile radius. The area supports approximately 45,900 daytime employees and is surrounded by a robust mix of national retailers such as Walmart, Target, Starbucks, and Home Depot. Fayetteville Regional Airport is just a short drive away, supporting regional accessibility. This property represents a durable acquisition opportunity with consistent cash flow in a growing retail corridor.
Investment Highlights
- Single Tenant Freestanding Sunoco in Fayetteville, NC
- Absolute NNN Lease Structure with Zero (0) Landlord Responsibilities
- Dense Demographics - 9,700+ People Reside within 1 Mile Radius of Site - 72,900+ People Reside within 3 Mile Radius of Site
- High Traffic Counts - 46,600+ Vehicles Pass Site Per Day on Raeford Rd
- Projected +0.67% Population Growth in the Next 5 Years within 1 Mile Radius of Site
- 45,900+ Daytime Employees within 3 Mile Radius of Site
- 45 Minute Drive to Fayetteville Regional Airport (8.4 Mile Distance)
- Located in a Dense Retail Corridor Surrounded by Several National Tenants Including Walmart, Target, Starbucks, Burger King, and Many More