2483 N Church St
Rocky Mount, NC 27804
NNN Corporate Quarles | Rocky Mount, NC · Retail Property For Sale

INSTITUTIONAL-GRADE CREDIT BACKING
- The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials.
PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE
- Quarles has continuously operated this fleet fueling location since 1999, demonstrating strong site-level performance and customer stickiness in a commercial corridor with 30,000+ vehicles per day on US-301.
RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
- Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions.
STRATEGIC LOCATION WITHIN DENSE INDUSTRIAL & LOGISTICS CORRIDOR
- Proximity to major employers including a Honeywell Aerospace facility, the CSX Carolina Connector intermodal terminal, and a 600,000 SF regional mall generating consistent commercial traffic.
FOUR 5-YEAR RENEWAL OPTIONS PROVIDING UP TO 20 YEARS OF ADDITIONAL TERM
- Beyond the current lease expiration in 2034, the tenant holds four consecutive 5-year options.