7-Eleven owns Speedway

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7-Eleven owns Speedway

Columbia, NC 27925
Asking Price
$1.69M
Asset Type
Retail
Class
Class B

What's Special

Located along the main commercial corridor of Columbia, North Carolina, this retail property sits within a key transit point connecting the Inner Banks to the Outer Banks via U.S. Route 64. The surrounding neighborhood is characterized by a mix of local residential pockets and service-oriented businesses catering to both the permanent community and regional travelers. The site benefits from high visibility on a primary thoroughfare and is situated near essential local amenities, including municipal offices and waterfront recreational areas. The asset is best suited for high-volume convenience retail, fuel services, or quick-service food operations that leverage consistent commuter traffic. A typical tenant profile includes established national corporate entities or credit-rated retailers looking for strategic positioning along major coastal highway routes. The property’s layout and location support logistical efficiency for delivery services and high-frequency customer turnover.

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NOI
$80,000
Cap Rate
4.73%
DSCR
0.80
Underwater
Cash-on-Cash
-4.03%
Monthly Payment
$8,371.093
Annual Cash Flow
$-20,453.114

Location & Travel Times