Greenville, NC - Speedway
$1,992,000
502 Greenville Blvd SW, Greenville, NC 278346822
6.15
Cap Rate
122,486
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
• 6+ years remaining on the current lease term with multiple 5-year renewal options
• Positioned directly on Greenville Blvd SW (32,300 VPD), a major commercial thoroughfare in Greenville, North Carolina
• Surrounded by essential retail and service providers including: Walmart, Publix, Lowe’s, Academy Sports, Kohl’s, Dick’s Sporting Goods, Sprouts, T.J. Maxx, and numerous national auto dealerships (Toyota, Honda, Nissan, Kia, Chevrolet, GMC, Chrysler, Jeep, RAM)
• Near: Greenville Mall, Greenville Square Shopping Center, Arlington Plaza, Lynncroft Shopping Center, and University Commons
Location
Gallery