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630 Us Highway 64 E Plymouth, NC 27962

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For Sale
$1,051,692

NNN leased Speedway with rental increases in Plymouth, North Carolina.

Property size:
2,576 SF
Lot size:
20.00 Acres

Property Features for 630 Us Highway 64 E

General Information

Size
2,576 SF
Lot size
20.00 Acres

Source: Real Capital Investments Agent Dylan O’Hara

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Speedway Gas Station Investment Opportunity

This property is a gas station and convenience store with a 20-year absolute NNN lease, with 5 years remaining. The lease is corporately guaranteed by Speedway (7-Eleven, Inc.), a gas station and C-Store tenant founded in 1952 that operates over 3,900 locations in 36 states. Speedway is the largest brand within its category for company-owned chains based on revenue. The property includes one 5-year option to renew. The rental increase is uncapped and based on the current CPI% during the option period, providing a hedge against inflation. The tenant's commitment to the location is demonstrated by a recently exercised option. The property size is 2,576 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Plymouth
County
Washington
State
North Carolina
Longitude
-76.734748
Latitude
35.861842

FAQs

What type of property is this?
Gas station - NNN leased Speedway with rental increases in Plymouth, North Carolina.
Where is this gas station located?
The property is located at 630 Us Highway 64 E Plymouth, NC.
What is the asking price?
The asking price for this property is $1,051,692.
What are key features of this property?
This property features: - 20 year absolute NNN lease with 5 years remaining.; - Corporately guaranteed lease by Speedway (7-Eleven, Inc.).; - Rare uncapped rental increase based on the current CPI% during the option period.
More about this property
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