Property History
APG Advisors is pleased to exclusively offer for sale one of the busiest and best located convenient/petro stores in the greater Raleigh-Durham area. Circle K/BP has successfully operated in this location since 1998. They further showed their long term commitment to the property by exercising a 10 year lease renewal in 2018.
The subject property is conveniently located directly off I-40 east bound on an outparcel of the nationally renowned Bass Pro Shops anchored shopping center. Other outparcels include Chick-Fil-A, McDonalds, Wendy’s, Burger King, and Wells Fargo.
The main entrance into the world renowned SAS Software Corporation is directly across Harrison Ave from the subject property. The ingress and egress of the property is superb due to being located at a signalized intersection. The daily traffic count on Harrison Ave directly in front of the subject property is 31,000 vehicles per day (VPD), and the daily traffic count on I-40 East is 176,000 VPD.
This property certainly meets the age old adage of real estate: location, location, location.
Loan History
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Comparable Properties
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