7-Eleven / Speedway
$2,600,000
206 North Main Street, Kenansville, NC 28349
For Sale
Retail
Service Gas Station
Active
Last Updated: 08/17/2026
5
Cap Rate
130,000
NOI
Details:
Cap Rate: 5%
NOI: $130,000
Building Size: 322 sqft
Lot Area: 0.52 acres
Lease Type: Absolute Net
Year Built: 1993
Tenancy: Single
Parking Spots: 2
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 N. Main Street, the primary north-south thoroughfare through Kenansville and the center of the community’s commercial activity. Its location provides convenient access to the surrounding Duplin County trade area and benefits from its proximity to the town’s civic, retail, and service-oriented uses.
Documents:
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7Eleven_Speedway_KenansvilleNC.pdf
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Location
Gallery
