Sheetz 300 S Endurance Way 5,500 SF Retail Building Selma, NC 27576 $4,500,000 ($818.18/SF) 5% Cap Rate

This offering presents a rare opportunity to acquire the leased fee interest in a newly constructed Sheetz property located in Selma, North Carolina, a thriving submarket within the Raleigh-Cary MSA. The asset features a corporate-backed NNN ground lease with an initial 15-year term and seven (5-year) renewal options, ensuring long-term income stability. Scheduled 10% rental increases at the start of each option period provide continued growth while fully reimbursed CAM, tax, and insurance obligations minimize landlord responsibilities.
Situated at a high-visibility location near the intersection of I-95 and US Highway 70, the property benefits from traffic counts exceeding 63,000 vehicles per day, placing it in a high-demand commuter corridor. It is positioned across from the vibrant Eastfield development, which includes a 435-acre mixed-use project with national retailers, hospitality, residential, and major employment drivers. The five-mile trade area boasts more than 27,600 residents and 17,600 employees, supported by an average household income of over $73,000.
The site lies within an Opportunity Zone, presenting additional tax incentives for qualified buyers. With its strong corporate tenant, long-term structure, and proven location fundamentals, this investment provides a compelling combination of security and growth potential for passive and institutional investors alike.