370 Nc Highway 43 - Convenience Store FOR SALE


Vanceboro, NC 28586
$3,200,000 USD
650-678-7200
370 Nc Highway 43, Vanceboro, NC for Sale
$3,200,000 USD
Convenience Store - FOR SALE
1/1
null | 5% Cap Rate

370 Nc Highway 43
Vanceboro, NC 28586


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 located along NC Highway 43, a primary regional thoroughfare serving Vanceboro and connecting the community to the broader Craven County trade area. The location offers convenient highway access and strong exposure to local and through traffic, supporting its appeal as a well-positioned retail and service-oriented asset.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$1,030 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

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

-

APN/PARCEL ID

1-045-13001

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.