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32440759
32440760

160 JEFFREY WAY, YOUNGSVILLE, NC 27596

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
ES
MA MA 9577141
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$178,000
52 days on market
Updated 52 days ago

Quarles (GPM Empire Guarantee) | Youngsville, NC

Details
APN 1843-91-6268
Property Type Retail
Sub Type Gas Station, Storefront
Square Footage 160
Cap Rate 6.19%
NOI $11,025
Occupancy 100%
Tenancy Single
Brand/Tenant Sheetz, Valero (+4)
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 02/28/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options 2 x 5-year options
Class A
Year Built 2006
Acreage 1.370
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/01/2024
Ground Lease No

6.2% CAP | CORP GUARANTEE

Investment highlights

INSTITUTIONAL-GRADE CREDIT BACKING

  • The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials.

ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES

  • The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord.

RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS

  • Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions.

POSITIONED IN ONE OF THE FASTEST-GROWING METROS IN THE U.S.

  • Youngsville is located within the Raleigh-Durham MSA, ranked the #1 fastest-growing large metro in the U.S. (U.S. Census, 2023), with a population exceeding 1.5 million and projected to reach 2 million by 2030.

LOGISTICS GATEWAY

  • Youngsville sits along US Highway 1 — a primary commercial artery carrying 27,000 AADT — and is directly accessible via US-401 and NC-96, forming a key node in the Triangle's northern distribution corridor.

YOUNGSVILLE — ONE OF NC'S FASTEST-GROWING MUNICIPALITIES

  • Youngsville's population has grown over 60% in the past decade, from ~1,100 to nearly 2,000+ residents, with hundreds of new single-family permits issued annually.

Listing Contacts

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
ES
MA MA 9577141
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$11,025.00
$918.75/mo

Valuation Metrics

0
DSCR
6.19%
Cap Rate
6.19%
ROI

Map

Zoning

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IND IndustrialIndustrial
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Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
David Hoppe
License
NC 288268
Name
Mike Lucier
License
NC 231272
Name
Ben Olmstead
License
NC 315015
Brokerage
Atlantic Capital Partners
Brokerage Phone
7046515953
Title
Senior Associate
Brokerage Address
4350 Congress Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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