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Virtual Drive-By

QuikTrip Absolute NNN

161 W Plaza Dr · Mooresville, NC 28117 · QSR / Restaurant

Asking price
$4,670,400
Cap rate
6.00%
NOI
$280,224

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining1.5 yrs
Expiration01/2028
Rent bumps
OptionsSeven (7), 5-Year Options
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,712
Price / SF$696
Year built2011
Lot size6.44 ac
TypeConvenience Store, QSR/Fast Food, Gas Station
Days on market88

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​ABSOLUTE NNN LEASE Zero landlord responsibilities—tenant is responsible for CAM, taxes, insurance, roof, and structure, delivering a truly passive, hands-off, fee simple investment.
  • ​CORPORATE GUARANTEE Lease backed by QuikTrip Corporation (~1,150 locations Nationwide), one of the Nation’s most established convenience store operators, offering strong credit and long-term tenant stability.
  • ​STRATEGIC INTERSTATE ACCESS | I-77 CORRIDOR Positioned just off a full interchange with Interstate 77, a major north–south corridor providing direct connectivity to Downtown Charlotte (~25 miles south) and supporting strong commuter and regional traffic.
  • ​“RACE CITY USA | AUTOMOTIVE HUB Located in the heart of “Race City USA,” surrounded by 120+ automotive-related businesses within a 5-mile radius, including NASCAR operations and major dealerships such as Randy Marion and Keffer Kia within ½ mile—driving strong fleet and local demand.
  • ​DOMINANT NATIONAL RETAIL CORRDOR Situated within a dense retail corridor anchored by Walmart, Costco, Lowe’s, Sam’s Club, and other national retailers, generating high-frequency consumer traffic and reinforcing long-term site performance.
  • ​BONUS DEPRECIATION OPPORTUNITY Fee Simple ownership may qualify for 100% Bonus Depreciation in Year 1 (Consult your CPA).

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.