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370 Nc Highway 43
Vanceboro, NC 28586
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
3,107 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.59 AC
Property Taxes
| Parcel Number | 1-045-13001 | Improvements Assessment | $758,600 |
| Land Assessment | $155,030 | Total Assessment | $913,630 |
Property Taxes
Parcel Number
1-045-13001
Land Assessment
$155,030
Improvements Assessment
$758,600
Total Assessment
$913,630
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