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7 Brew Coffee Ground Lease 140 Blowing Rock Blvd 510 SF Retail Building Lenoir, NC 28645 $1,788,000 ($3,505.88/SF) 6.15% Cap Rate
Investment Highlights
- Brand new 2026 construction | Absolute net ground lease | Zero landlord responsibilities
- 15 year lease term | Double drive-thru to allow for 20+ car stack
- Hwy 321 is considered one of the main travel corridors throughout Western North Carolina | Consistent pass-through traffic
- Excellent tenant average unit volume of $2.66M systemwide
- Great visibility & access from Blowing Rock Blvd/Hwy 321 | Nearby intersection at Wilkesboro Blvd sees 49,000 VPD
- Located inside of dense retail corridor | 2.3M SF within a 2-mile radius
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale 7 Brew Coffee Ground lease in Lenoir, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
510 SF
Building Class
B
Year Built
2023
Price
$1,788,000
Price Per SF
$3,505.88
Cap Rate
6.15%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.35 AC
Zoning
Commercial
Parking
4 Spaces (7.84 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-54-1-7 | Improvements Assessment | $564,900 |
| Land Assessment | $323,600 | Total Assessment | $888,500 |
Property Taxes
Parcel Number
09-54-1-7
Land Assessment
$323,600
Improvements Assessment
$564,900
Total Assessment
$888,500
Contacts
-
Carl Brendes -
Ransome Foose -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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7 Brew Coffee Ground Lease | 140 Blowing Rock Blvd
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