370 Nc Highway 43, Vanceboro, NC 28586

Building Details

Tenancy Single More

Listing Agency: CP Partners Show Phone

Listed By: John Andreini · License NC #01440360 Show Phone

Source: Moodyscre

Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:15PM

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Investment Insights

Based on property information with market context.

The 3,107-square-foot retail property is leased on an absolute NNN basis to a wholly owned subsidiary of 7-Eleven, Inc. The lease was recently renewed for a 15-year term, with 10% rental increases every five years during the base term and option periods.

Situated on NC Highway 43 in Vanceboro, the property fronts a regional route connecting the community with the wider Craven County trade area. The highway provides access for local and through traffic.

Key Highlights

• 3,107‑square‑foot retail property
• Recently renewed 15‑year absolute NNN lease
• Tenant is a wholly owned subsidiary of 7‑Eleven, Inc.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

99

Businesses Nearby

66k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Dining 29% Groceries 20%

Speedway Shops & Services

17,693 visits/mo 0.1 miles

Bojangles' Famous Chicken 'n Biscuits Dining

17,173 visits/mo 0.1 miles

Food Lion Grocery Store Groceries

13,472 visits/mo 0.2 miles

Dollar General Shops & Services

4,374 visits/mo 0.2 miles

Family Dollar Shops & Services

3,749 visits/mo 0.5 miles

Demographics for 28586, NC

7,865

Population

3,717

Households

2.1

Avg Household Size

40

Median Age

8%

College-Educated

84%

High-School Grad

130.3 sq mi

ZIP Area

60

Density / Sq Mi

$46,486

Median Household Income

$31,317

Median Earnings

$828

Median Rent

$100,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - A 7-Eleven, Inc. subsidiary occupies the property under an absolute net lease.

Where is this nnn property located?

The property is located at 370 Nc Highway 43 Vanceboro, NC.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: 3,107‑square‑foot retail property; Recently renewed 15‑year absolute NNN lease; Tenant is a wholly owned subsidiary of 7‑Eleven, Inc.