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7-Eleven / Speedway

$2,400,000

3778 US Highway 15 501 North, Carthage, NC 28327

Active
Last Updated: 08/17/2026

5

Cap Rate

120,000

NOI

Details:
Cap Rate:    5%
NOI:    $120,000
Building Size:    2,046 sqft
Lot Area:    1.35 acres
Lease Type:    Absolute Net
Tenancy:    Single
Parking Spots:    9
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 Highway 15-501, the primary retail and commercial thoroughfare serving Carthage, NC. The location benefits from strong visibility and convenient access to surrounding communities, with the corridor serving as a key connection to the broader Pinehurst, Southern Pines, and Aberdeen markets

Map:
Documents:
Title
7Eleven_Speedway_CarthageNC.pdf
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Location
Gallery