Selma Retail for Sale - Johnston County

Property Subtype:

Freestanding

Date on Market:

2026-06-30

Selma Retail for Sale - Johnston County

This offering represents a rare opportunity to acquire the leased fee interest in a newly constructed Olive Garden location in Selma, North Carolina. The property benefits from a brand-new, 10-year triple net (NNN) ground lease that commenced in February 2026 with Olive Garden, a credit-rated tenant backed by a corporate guarantee. The lease includes 10% rental increases every five years and during each option period, providing consistent income growth and a strong inflation hedge over the full term. Additionally, the lease structure limits landlord responsibilities, offering a truly passive investment vehicle for long-term stability.

Property Subtype:

Restaurant

Date on Market:

2026-06-30

Selma Retail for Sale - Johnston County

This rare investment opportunity offers a newly developed, single-tenant net-leased (NNN) property occupied by Chase Bank in Selma, North Carolina, within the high-growth Raleigh-Cary MSA. The property features a corporate ground lease with over 13 years remaining, including six (5-year) renewal options. Investors benefit from scheduled 10% rental increases every five years, providing consistent income growth and a strong inflation hedge. Strategically situated within Eastfield Commons, a 435-acre master-planned, mixed-use development, the property enjoys exceptional visibility near the intersection of Interstate 95 and U.S. Highway 70, with a combined traffic count of more than 63,400 vehicles daily. The surrounding retail corridor is anchored by nationally recognized brands such as Target, Academy Sports, Marshalls, Ulta, and Hobby Lobby, along with proximity to Carolina Premium Outlets. This robust co-tenancy enhances consumer draw and sustained foot traffic. As a land lease investment, ownership involves minimal landlord responsibilities, making it a low-maintenance, passive income asset. Additionally, the property lies within an Opportunity Zone, offering potential tax advantages for qualifying investors (consult a tax professional). With strong demographics, growing employment drivers, and connection to the Raleigh-Durham Research Triangle, this investment presents secure income backed by a credit-rated tenant with long-term growth prospects.

Property Subtype:

Bank

Date on Market:

2026-06-30

Selma Retail for Sale - Johnston County

This offering presents a rare opportunity to acquire the leased fee interest in a newly constructed Sheetz property located in Selma, North Carolina, a thriving submarket within the Raleigh-Cary MSA. The asset features a corporate-backed NNN ground lease with an initial 15-year term and seven (5-year) renewal options, ensuring long-term income stability. Scheduled 10% rental increases at the start of each option period provide continued growth while fully reimbursed CAM, tax, and insurance obligations minimize landlord responsibilities. Situated at a high-visibility location near the intersection of I-95 and US Highway 70, the property benefits from traffic counts exceeding 63,000 vehicles per day, placing it in a high-demand commuter corridor. It is positioned across from the vibrant Eastfield development, which includes a 435-acre mixed-use project with national retailers, hospitality, residential, and major employment drivers. The five-mile trade area boasts more than 27,600 residents and 17,600 employees, supported by an average household income of over $73,000. The site lies within an Opportunity Zone, presenting additional tax incentives for qualified buyers. With its strong corporate tenant, long-term structure, and proven location fundamentals, this investment provides a compelling combination of security and growth potential for passive and institutional investors alike.

Property Subtype:

Service Station

Date on Market:

2026-06-30

Selma Retail for Sale - Johnston County

This offering presents a rare opportunity to acquire a leased fee interest in a newly constructed, corporate-guaranteed LongHorn Steakhouse under a NNN ground lease structure. Located in Selma, North Carolina, within the growing Raleigh-Cary MSA, this asset features a brand-new 10-year lease with four 5-year extension options and scheduled 10% rental increases every five years. With minimal landlord responsibilities, this property provides a reliable, low-maintenance investment with inflation-hedged returns. The subject property is strategically positioned within Eastfield, a 435-acre mixed-use development at the intersection of Interstate 95 and U.S. Highway 70 East. This dynamic regional corridor reports over 63,400 vehicles daily and hosts over 1 million square feet of complementary retail space along with business parks, multifamily, senior living, and hotel developments. Nearby tenants include Target, Marshalls, BJ’s Wholesale, Starbucks, Chick-fil-A, and McDonald’s, collectively driving consistent customer traffic. Located in an Opportunity Zone, this investment also offers potential tax benefits.

Property Subtype:

Restaurant

Date on Market:

2026-06-29

Portfolio of properties for Sale - Johnston County

Two-property Dollar General NNN portfolio offered at a 6.25% cap. Purchase individually or together. Absolute NNN leases with the tenant responsible for taxes, insurance, roof, and structure. True passive income with zero landlord responsibilities. Highlights: 6+ years remaining on both leases Investment grade tenant (Dollar General, NYSE: DG) Stable cash flow with combined NOI ~$170K Attractive deal sizes for private and 1031 buyers ~1.3 AC sites with strong residual real estate value Kenly, NC NOI: $82,914 9,173 SF | 1.28 AC Lease through 11/30/2031 Rocky Mount, NC NOI: $87,251 7,780 SF | 1.32 AC Lease through 9/30/2031 Well-located in established trade areas where Dollar General serves as a primary retail provider. Strong long-term fundamentals with straightforward ownership and predictable income.

Date on Market:

2026-04-13

Kinston Retail for Sale

Absolute NNN lease with 10% bumps at option periods guaranteed by United Bank through 9/30/2028. United Bank has approximately $30 billion in assets. Prior to being acquired by United Bank, this branch served as a consolidated location of two First South Banks that were located in Kinston. The property is situated on 1.28 acres and is positioned on a major corridor with 18,500 cars per day passing the site. The building is located in Downtown Kinston with numerous walkable amenities nearby including restaurants, breweries and historical attractions. Occupancy: 100%, Single-tenant Year Built: 1977 Square Feet: 7,878 SF Acres: 1.28 Acres Current Use: Bank/Office Zoning: B-1 NOI: $95,000.00 Options: Two (2) five (5) year options with 10% bumps Absolute NNN: No LL Responsibilities Sale price: $1,357,000 7.0% Cap Rate

Property Subtype:

Bank

Date on Market:

2024-07-25

Beulaville Retail for Sale

WELL SITUATED: Positioned near the signalized intersection of W Main St & S Jackson St which has a combined traffic count of ~25,000 VPD. STRONG RETAIL TRADE AREA: Located on the main throughfare of Beulaville within close proximity to other national tenants such as McDonald’s, Pizza Hut, Hardee’s, AutoZone, and Advance Auto Parts.

Property Subtype:

Drug Store

Date on Market:

2025-06-24