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1122 E Raleigh Blvd
Rocky Mount, NC 27801
7-ELEVEN / SPEEDWAY C-STORE & GAS | NNN · Retail Property For Sale
Investment Highlights
- Long Term Absolute Net Leases Featuring Favorable Rental Increases Every 5 Years throughout the Initial Term and Options.
- Substantially Below Replacement Costs. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
- Prime Locations in Growing Southeast Metro Market. Most Sites are Situated in Hard Corner Locations - Feature Easy Access and Excellent Visibility.
- Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A”.
- 100% Bonus Depreciation - Fee Simple Ownership of a Gas Station Provides Significant Tax Savings to the Landlord via Accelerated Bonus Depreciation.
- Current Rents are Below Market, Offering Future Upside Potential.
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,917 SF
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.90 AC
Zoning
B2
Property Taxes
| Parcel Number | 3860-20-0944-00 | Improvements Assessment | $438,655 |
| Land Assessment | $216,000 | Total Assessment | $654,655 |
Property Taxes
Parcel Number
3860-20-0944-00
Land Assessment
$216,000
Improvements Assessment
$438,655
Total Assessment
$654,655
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