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Gas Station with Convenience Store

906 N 23rd St, Wilmington, NC 28405

For Sale
Contact for pricing

The property is leased under a triple-net structure with annual rent increases.

Property Size5,234 SF
Lot Size1.24 Acres
Price / SF$448.95
Days on Market42

Property Features for 906 N 23rd St

General Information

Standard status Active
Size 5,234 SF
Lot size 1.24 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood Airport Industrial District

Automotive

Automotive Uses fuel station
Convenience Store Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants GPM
Real Estate Included Yes

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 5:11PM

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 SURMOUNT

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The gas station and convenience store occupy a 5,234-square-foot building on an approximately 1.24-acre parcel at 906 N 23rd St in Wilmington, North Carolina. The property is subject to a 23-year triple-net lease that began on March 27, 2008, with annual rent increases of 2%.

Key Highlights

  • 5,234‑square‑foot building on an approximately 1.24‑acre parcel
  • 23‑year triple‑net lease commenced 3/27/2008
  • Annual rent increases of 2.00%

Property Analytics

Current Use

ATM (Scotchman Store) Atm Shell Gas Station Western Union Bank

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
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

Frequently Asked Questions

What type of property is this?
Gas station - The property is leased under a triple-net structure with annual rent increases.
Where is this gas station located?
The property is located at 906 N 23rd St Wilmington, NC.
What is the asking price?
The asking price for this property is $2,349,817.
What are key features of this property?
This property features: 5,234‑square‑foot building on an approximately 1.24‑acre parcel; 23‑year triple‑net lease commenced 3/27/2008; Annual rent increases of 2.00%
(332) 345-4222 Call to check price and availability
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