Columbia, NC - Speedway
$1,730,000
883 Us 64, Columbia, NC 27925
6.65
Cap Rate
115,070
NOI
Details:
Description:
• 7-Eleven, Inc. completed its landmark acquisition of 3,800 Speedway stores in 2021, significantly expanding its U.S. presence
• Acquisition strengthened 7-Eleven’s position as the largest convenience retailer in North America, now operating 13,000+ locations
• Lease is backed by Speedway’s corporate entity, providing a stable and secure investment.
• Integration of Speedway enhances operational scale, distribution efficiencies, and long-term brand performance
• 4+ years remaining on the current lease term with multiple 5-year renewal options
• Located directly on US-64, a primary east–west transportation route through northeastern North Carolina
• Surrounded by essential retail and service providers including Shell, FedEx, Food Lion, Royal Farms, BP, NAPA Auto Parts, and several local operators
• Less than 2 miles from Columbia Middle School, Columbia High School, and Tyrrell Elementary School
• Near regional attractions such as Scuppernong River Park, outdoor recreation areas, and community amenities that consistently draw local and visitor traffic
Location
Gallery