1122 E Raleigh Blvd - Convenience Store FOR SALE


Rocky Mount, NC 27801
$2,200,000 USD
650-678-7200
1122 E Raleigh Blvd, Rocky Mount, NC for Sale
$2,200,000 USD
Convenience Store - FOR SALE
1/1
null | 5% Cap Rate

1122 E Raleigh Blvd
Rocky Mount, NC 27801


OVERVIEW

Recently renewed, 15-year absolute net lease featuring 10% rental increases every 5 years throughout the base term and options. The tenant is a wholly owned subsidiary of 7-Eleven, Inc. – ranked #162 on the Fortune Global 500 list and features an investment-grade credit rating of “A” from the S&P. The subject property is strategically positioned along E Raleigh Boulevard, a prominent commercial corridor in Rocky Mount with strong connectivity to the surrounding retail and residential trade area. The location benefits from excellent accessibility and visibility, providing an attractive setting for retail and service-oriented tenants while benefiting from the corridor’s established commercial presence.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,148 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven / Speedway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

B2

APN/PARCEL ID

3860-20-0944-00

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.