420 E New Hope Rd - Convenience Store FOR SALE


Goldsboro, NC 27534
$2,800,000 USD
650-678-7200
420 E New Hope Rd, Goldsboro, NC for Sale
$2,800,000 USD
Convenience Store - FOR SALE
1/1
null | 5% Cap Rate

420 E New Hope Rd
Goldsboro, NC 27534


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 East New Hope Road, a prominent commercial corridor in Goldsboro with strong access to the surrounding retail and residential trade area. The location offers excellent connectivity and visibility, providing an attractive setting for retail and service-oriented tenants while benefiting from the established commercial presence along the corridor.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$1,330 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

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

GB

APN/PARCEL ID

3529574266

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.