206 N Main St - Convenience Store FOR SALE


Kenansville, NC 28349
$2,600,000 USD
650-678-7200
206 N Main St, Kenansville, NC for Sale
$2,600,000 USD
Convenience Store - FOR SALE
1/3
null | 5% Cap Rate

206 N Main St
Kenansville, NC 28349


OVERVIEW

Single-tenant 7-Eleven / Speedway convenience store and fuel station located at 206 N Main Street in Kenansville, North Carolina. The property is leased to Speedway LLC on an absolute NNN lease with more than 14 years remaining and 10% rent increases every five years. The tenant is responsible for taxes, insurance, maintenance, roof, structure, and utilities, providing a passive ownership opportunity. Positioned along North Main Street, the primary commercial corridor through Kenansville, the property serves the surrounding Duplin County trade area and benefits from proximity to the county courthouse, local businesses, and community services. Speedway operates under 7-Eleven, Inc., one of the largest convenience retail operators in the world, supporting the property's long-term tenancy and income stream.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$1,967 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

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

13-2171

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.