Log In/Sign Up
Your email has been sent.
Speedway 502 Greenville Blvd SW 2,580 SF Retail Building Greenville, NC 27834 $2,745,972 CAD ($1,064.33 CAD/SF) 6.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Speedway Acquisition | Corporate Strength | Expanded National Footprint | 6+ Years Remaining & Multiple Options
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Proximity to Schools | Tourism & Recreation | Essential Retail Corridor
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• 7-Eleven, Inc. completed its landmark acquisition of 3,800 Speedway stores in 2021, significantly expanding its U.S. presence
• Acquisition strengthened 7-Eleven’s position as the largest convenience retailer in North America, now operating 13,000+ locations
• Lease is backed by Speedway’s corporate entity, providing a stable and secure investment.
• Integration of Speedway enhances operational scale, distribution efficiencies, and long-term brand performance
• 6+ years remaining on the current lease term with multiple 5-year renewal options
• Acquisition strengthened 7-Eleven’s position as the largest convenience retailer in North America, now operating 13,000+ locations
• Lease is backed by Speedway’s corporate entity, providing a stable and secure investment.
• Integration of Speedway enhances operational scale, distribution efficiencies, and long-term brand performance
• 6+ years remaining on the current lease term with multiple 5-year renewal options
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,580 SF
Building Class
C
Year Built
2012
Price
$2,745,972 CAD
Price Per SF
$1,064.33 CAD
Cap Rate
6.15%
NOI
$168,847 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.99 AC
Zoning
CH
Parking
8 Spaces (3.1 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 018047 | Improvements Assessment | $477,432 CAD |
| Land Assessment | $824,490 CAD | Total Assessment | $1,301,922 CAD |
PROPERTY TAXES
Parcel Number
018047
Land Assessment
$824,490 CAD
Improvements Assessment
$477,432 CAD
Total Assessment
$1,301,922 CAD
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Speedway | 502 Greenville Blvd SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.