1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

370 Nc Highway 43
Vanceboro, NC 28586

$3,200,000 USD

Storefront For Sale  •  3,150 SF

Property Details

• Property Type Storefront
• Total Building Size 3,107 SF
• Lot Size 1.59 AC
• Building Class C
• Year Built 2008
• Cap Rate 5.00 %
• Tenancy Single

0 Transit Score

31 Walk Score

Highlights

Long Term Absolute Net Leases Featuring Favorable Rental Increases Every 5 Years throughout the Initial Term and Options.

Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A”.

Substantially Below Replacement Costs. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.

100% Bonus Depreciation - Fee Simple Ownership of a Gas Station Provides Significant Tax Savings to the Landlord via Accelerated Bonus Depreciation.

Prime Locations in Growing Southeast Metro Market. Most Sites are Situated in Hard Corner Locations - Feature Easy Access and Excellent Visibility.

Current Rents are Below Market, Offering Future Upside Potential.

Cap Rate:

5.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
7-Eleven / Speedway	3,107 SF	2/28/2041

Public Transportation

Airport	Drive	Walk	Distance
Coastal Carolina Regional	32 min	-	21.5 mi
Pitt-Greenville	47 min	-	30.5 mi