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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32441721
32441722

1210 Trinity Avenue, High Point, NC 27260

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
$655,000
53 days on market
Updated 53 days ago

Quarles (GPM Empire Guarantee) | High Point, NC

Details
Property Type Retail
Sub Type Gas Station, Storefront
Cap Rate 6.2%
NOI $40,605
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa (+5)
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 1999
Acreage 1.350
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/01/2024
Ground Lease No

6.20% CAP | Bonus Depreciation

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.

PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE

  • Quarles has continuously operated this fleet fueling location since 1999, demonstrating strong site-level performance and durable customer demand in an established industrial corridor along East Trinity Avenue in High Point.

PART OF THE GREENSBORO-HIGH POINT MSA - NORTH CAROLINA'S 3RD LARGEST METRO

  • The metro is home to more than 200 furniture manufacturers and 12,000 manufacturing workers, and the High Point Market generates billions in annual economic impact for the region, driving consistent commercial and logistics traffic.

STRATEGIC PIEDMONT TRIAD LOCATION WITH MULTI-CITY DEMAND DRIVERS

  • Sits between Greensboro (19 miles) and Winston-Salem (18 miles), with direct access to I-85 and I-40 — two of the Southeast's busiest freight corridors.

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
$40,605.00
$3,383.75/mo

Valuation Metrics

0
DSCR
6.2%
Cap Rate
6.2%
ROI

Map

Zoning

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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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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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