160 Jeffrey Way - Freestanding FOR SALE


Youngsville, NC 27596
$178,000 USD
980-498-3293
160 Jeffrey Way, Youngsville, NC for Sale
$178,000 USD
Freestanding - FOR SALE
1/5
null | 6.19% Cap Rate

160 Jeffrey Way
Youngsville, NC 27596


HIGHLIGHTS

  • ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES
  • RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
  • POSITIONED IN ONE OF THE FASTEST-GROWING METROS IN THE U.S.

OVERVIEW

INSTITUTIONAL-GRADE CREDIT BACKING - The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials. ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES - The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord. RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS - Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions. POSITIONED IN ONE OF THE FASTEST-GROWING METROS IN THE U.S. - Youngsville is located within the Raleigh-Durham MSA, ranked the #1 fastest-growing large metro in the U.S. (U.S. Census, 2023), with a population exceeding 1.5 million and projected to reach 2 million by 2030. LOGISTICS GATEWAY - Youngsville sits along US Highway 1 — a primary commercial artery carrying 27,000 AADT — and is directly accessible via US-401 and NC-96, forming a key node in the Triangle's northern distribution corridor. YOUNGSVILLE — ONE OF NC'S FASTEST-GROWING MUNICIPALITIES - Youngsville's population has grown over 60% in the past decade, from ~1,100 to nearly 2,000+ residents, with hundreds of new single-family permits issued annually.

FOR SALE DETAILS

PRICE

$178,000 USD

PRICE/SF

$603 USD /SF

CAP RATE

6.19%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Corporate Guarantee Quarles | Youngsville

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Service Station, Storefront, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

CROSS STREETS

Mosswood Blvd

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

M U

APN/PARCEL ID

039353

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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