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7-Eleven / Speedway

$2,200,000

1122 East Raleigh Boulevard, Rocky Mount, NC 27801

Active
Last Updated: 08/17/2026

5

Cap Rate

110,000

NOI

Details:
Cap Rate:    5%
NOI:    $110,000
Building Size:    1,917 sqft
Lot Area:    0.9 acres
Lease Type:    Absolute Net
Year Built:    2004
Tenancy:    Single
Parking Spots:    7
Year Last Renovated:    2022
Description:

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.

Map:
Documents:
Title
7Eleven_Speedway_RockyMountNC.pdf
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Location
Gallery