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124 Nc-55 Hwy E
Mount Olive, NC 28365
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
1,473 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.87 AC
Zoning
NA
Parking
10 Spaces (6.79 Spaces per 1,000 SF Leased)
Frontage
29’ on Nc-55 Hwy
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
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