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7-Eleven / Speedway

$3,200,000

370 North Carolina 43, Vanceboro, NC 28586

Active
Last Updated: 08/17/2026

5

Cap Rate

160,000

NOI

Details:
Cap Rate:    5%
NOI:    $160,000
Building Size:    3,107 sqft
Lot Area:    1.59 acres
Lease Type:    Absolute Net
Year Built:    2008
Tenancy:    Single
Parking Spots:    8
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 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.

Map:
Documents:
Title
7Eleven_Speedway_VanceboroNC.pdf
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Location
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