2606 Medical Office Pl Goldsboro, NC 27534
- Retail properties
- 6,049 SF
Current Use by Public Records
- Retail properties
Property Details for 2606 Medical Office Pl
- Year built
- 2024
- Property size
- 6,049 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a brand-new, 6,049 square foot Wawa convenience store and gas station located in Goldsboro, North Carolina. The property boasts a 20-year absolute NNN ground lease with six five-year renewal options, each including a 10% rent increase. The lease commenced December 12, 2024, and expires December 31, 2044. The property benefits from a corporate guarantee from Wawa, Inc., a financially strong tenant. Situated at 2606 Medical Office Pl, Goldsboro, NC 27534, this high-visibility location enjoys exceptional traffic counts, with over 24,500 vehicles daily on Wayne Memorial Drive and 41,000 on nearby US Route 13. The property's strategic location near Wayne Memorial Hospital (over 2,000 employees) and Seymour Johnson Air Force Base (over 12,000 personnel) ensures consistent customer traffic. Additional nearby amenities include major shopping centers, restaurants, and Wayne Community College, further enhancing the property's appeal. The asking price is $6,000,000, with a current NOI of $300,000, resulting in a 5.00% cap rate. This is an ideal, low-management investment opportunity due to the absolute NNN lease structure. The property was built in 2024.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Goldsboro
- County
- Wayne
- State
- North Carolina
- Longitude
- -77.9539
- Latitude
- 35.4005