Property summary
This exceptional investment opportunity presents a 7,000-square-foot Advance Auto Parts storefront located at 1437 S Pollock St, Selma, NC 27576. The property boasts a strong 6.75% cap rate, generating a net operating income (NOI) of $89,010. Secured by a corporate guarantee from Advance Stores Company, Inc., a national retailer with over 5,200 locations, this net lease investment offers significant stability and long-term growth potential. The lease, originally signed in 2003, has been… extended through December 31, 2031, providing a remaining term of 7.1 years. Future rent increases are built in, with options for 11.11% or 3.54% increases. Situated on a 0.71-acre lot with 34 parking spaces, the property benefits from its prime location at a signalized intersection with high visibility (46,000 vehicles per day combined) and proximity to a major highway (I-95, Exit 97, 36,000 VPD). The property is part of a thriving retail area, an outparcel to the Johnston Square shopping center, anchored by Food Lion and including other national retailers. Its strategic location offers convenient access to a significant population base, including major employers, healthcare facilities (UNC Health Johnston), educational institutions (Johnston Community College, Smithfield-Selma High School), and numerous residential areas. The area also features several large distribution centers and a wide array of additional retail amenities. This property represents a compelling investment opportunity with a proven track record and substantial upside potential. The building was constructed in 2003.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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