Absolute NNN Retail
New
For Sale
$2,200,000
1122 East Raleigh Boulevard Rocky, Rocky Mount, NC 27801
Recently renewed absolute net lease with scheduled rental increases and a tenant affiliated with 7-Eleven, Inc.
Property Size1,917 SF
Days on Market3
Property Features for 1122 East Raleigh Boulevard Rocky
General Information
Standard status
Active
Size
1,917 SF
Property subtype
Retail
Building Details
Building Size
1,917 SF
Tenancy
Single
Listing Agency:
CP Partners
(415) 274-2715
Listed By:
John Andreini · License #CalDRE #01440360
Source:
Cppcre
Added: Aug 16
Changed: Aug 17
Last Checked: Aug 18 at 4:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CP Partners
Investment Insights
Based on property information with market context.
This NNN property is subject to a recently renewed 15-year absolute net lease. The agreement provides for 10% rental increases every 5 years during the base term and options, creating a defined contractual escalation schedule.
The tenant is a wholly owned subsidiary of 7-Eleven, Inc. The parent company is identified as a Fortune Global 500 company ranked #162 and carries an “A” investment-grade credit rating from S&P. The property address is 1122 East Raleigh Boulevard, Rocky, Mount, NC 27801.
The tenant is a wholly owned subsidiary of 7-Eleven, Inc. The parent company is identified as a Fortune Global 500 company ranked #162 and carries an “A” investment-grade credit rating from S&P. The property address is 1122 East Raleigh Boulevard, Rocky, Mount, NC 27801.
Key Highlights
- Recently renewed 15‑year absolute net lease
- 10% rental increases every 5 years throughout the base term and options
- Tenant is a wholly owned subsidiary of 7‑Eleven, Inc.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 49%
Bojangles' Famous Chicken 'n Biscuits
Dining
16,425 visits/mo
0.1 miles
Roses Discount Store
Shops & Services
9,468 visits/mo
0.5 miles
Dollar Tree
Shops & Services
5,383 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,413 visits/mo
0.3 miles
Pizza Hut
Dining
1,989 visits/mo
0.5 miles
Demographics for 27801, NC
19,043
Population
9,162
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
83%
High-School Grad
66.8 sq mi
ZIP Area
285
Density / Sq Mi
$41,696
Median Household Income
$32,390
Median Earnings
$850
Median Rent
$108,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Recently renewed absolute net lease with scheduled rental increases and a tenant affiliated with 7-Eleven, Inc.
Where is this nnn property located?
The property is located at 1122 East Raleigh Boulevard Rocky Rocky Mount, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Recently renewed 15‑year absolute net lease; 10% rental increases every 5 years throughout the base term and options; Tenant is a wholly owned subsidiary of 7‑Eleven, Inc.
