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28756017
28756018

502 Greenville Blvd SW, Greenville, NC 27834

AC
CA 01904371
SRS Real Estate Partners Newport Beach
CS
CA 01927216
SRS Real Estate Partners Newport Beach
GC
CA 01911222
SRS Real Estate Partners Newport Beach
MC
CA CA 01980718
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$1,929,000
221 days on market
Updated 21 days ago

Speedway (7-Eleven) | Excellent Retail Corridor | 6+ Yrs NNN

Details
APN 018047
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,580
Units 1
Cap Rate 6.35%
NOI $122,486
Tenancy Single
Brand/Tenant 7-Eleven, 76 Gas (+6)
Lease Type Absolute NNN
Lease Expiration 09/29/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options 2 (5-Year)
Broker Co-Op Yes
Year Built 2012
Buildings 1
Stories 1
Acreage 0.990
Zoning CH
Parking Spaces 8 spaces
Parking per 1,000 SqFt 3.10
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)

Corporate Guarantee

Investment highlights

• 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

• Positioned directly on Greenville Blvd SW (32,300 VPD), a major commercial thoroughfare in Greenville, North Carolina

• Surrounded by essential retail and service providers including: Walmart, Publix, Lowe’s, Academy Sports, Kohl’s, Dick’s Sporting Goods, Sprouts, T.J. Maxx, and numerous national auto dealerships (Toyota, Honda, Nissan, Kia, Chevrolet, GMC, Chrysler, Jeep, RAM)

• Near: Greenville Mall, Greenville Square Shopping Center, Arlington Plaza, Lynncroft Shopping Center, and University Commons

• Tenant pays for CAM, taxes, insurance, and all maintenance of the premises

• No landlord responsibilities

• Ideal management-free investment for an out-of-state or passive investor

More than 110,000 residents and 63,000 employees support the trade area

Listing Contacts

AC
CA 01904371
SRS Real Estate Partners Newport Beach
CS
CA 01927216
SRS Real Estate Partners Newport Beach
GC
CA 01911222
SRS Real Estate Partners Newport Beach
MC
CA CA 01980718
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$122,486.00
$10,207.17/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

Map

Zoning

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CH CommercialSpecial CommercialHeavy Commercial
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Patrick Nutt
License
NC License No. 281618
Brokerage
SRS Real Estate Partners-SoFlo LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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