Retail Business for Sale in Charlotte, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Charlotte, NC 28205

Description

Marcus & Millichap is pleased to present a rare opportunity to acquire a freestanding, single-tenant 7-Eleven investment property situated along one of Charlotte's most active retail and commuter corridors. The property consists of a modern 3,010 SF convenience store with a 6-pump, 12-nozzle fuel canopy on a 1.20-acre fee simple parcel, constructed in 2020. The tenant, 7-Eleven, Inc., operates under a NNN lease backed by a corporate guaranty from one of the most credit-worthy tenants in the convenience retail sector, carrying an investment-grade S&P rating of AA-. The lease features 10% rental increases every five years, with the next scheduled bump in March 2030 and approximately 9 years of base term remaining with four additional 5-year renewal options. One of the most compelling features of this offering is its position directly adjacent to a high-volume Walmart Supercenter, sharing a dedicated access road that creates exceptional retail synergy. This shadow-anchor relationship is a significant driver of customer traffic to the 7-Eleven, capturing the substantial daily flow of shoppers visiting the Walmart and converting them into convenience and fuel customers. The surrounding corridor is further supported by a dense concentration of national and regional retailers, reinforcing the site's status as a dominant node of commercial activity on Charlotte's east side. The property fronts East Independence Freeway (US-74), one of Charlotte's primary commuter gateways connecting Uptown Charlotte to the rapidly growing eastern suburbs, including Union County which is one of the fastest-growing counties in North Carolina. With approximately 111,000 vehicles passing the site daily, the 6-pump, 12-nozzle fuel canopy is purpose-built to capture this high-volume traffic. The surrounding trade area is supported by a residential population exceeding 310,000 within 5 miles, average household incomes of approximately $111,000, and a daytime population surpassing 480,000 which ref

Market Context

This retail in Charlotte, NC is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Charlotte, NC — <a href="/search/sale/retail/north-carolina/charlotte">view the full market</a>.

As of Q1 2026, the Charlotte retail market showed a 5.5% vacancy rate, average asking rents near $24.76/SF/yr, rents up 5.5% year over year, and cap rates around 5.9%. Source: Consensus Q1 2026 market report.

Its 5.3% asking cap rate is below the Charlotte retail market average of about 5.9%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Charlotte?
About 5.9% as of Q1 2026, per Consensus.
Is the Charlotte retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$91.29/SF – $123.51/SF

Mid: $107.40/SF

Rate estimator only; cost-of-business estimate unavailable.

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