1001 N Spence Ave, Goldsboro, NC 27534
Triple net ground lease with 14 years remaining and multiple renewal options for a 24-hour Sheetz built in 2012.
Property Features for 1001 N Spence Ave
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The property is positioned at the corner of a signalized intersection along North Spence Ave, with stated traffic counts of 18,000 VPD on North Spence Ave and 50,000 VPD immediately off of Highway 70. It is directly across from a Walmart Supercenter and near other retailers, including Sam’s Club, Target, Lowe’s, TJMaxx, Ross Dress for Less, and the Berkeley Mall, which is anchored by Belk, JCPenney, and Sears.
The subject site is located at 1001 N Spence Ave in Goldsboro, North Carolina.
Key Highlights
- Single‑tenant Sheetz absolute triple‑net ground lease with 14 years remaining in the primary term
- Lease includes four 5‑year renewal options with 10% rental escalations in each option
- 24‑hour Sheetz location built in 2012 with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 27534, NC
Market
Vacancy Rate% for Retail in South region