7-Eleven to Serve Fans at Charlotte's Time Warner Cable Arena
CHARLOTTE, N.C. -- Charlotte Bobcats basketball fans have had little to cheer about in the past two years, considering the team's 28-120 combined record. But they may have something to enjoy in addition to basketball when the team returns for its 2013-14 season in October.
According to a report by the Charlotte Business Journal, city council members are expected to approve a lease deal next week that will allow 7-Eleven Inc. to open a store in Time Warner Cable Arena, the home of the Bobcats. If approved, 7-Eleven will receive a five-year lease with a five-year renewal option.
7-Eleven expects to open a 4,275-square-foot convenience store in the former Bellacino's Restaurant space as early as October, according to the news source.
7-Eleven will pay $72,675 annually in rent for the first five years of the deal.
Even though the arena is closed when not hosting sporting events or concerts, the proposal calls for the 7-Eleven to remain open 24 hours a day, seven days a week.
Dallas-based 7-Eleven Inc. operates, franchises and licenses more than 8,500 stores in North America.