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34495279
34495276

140 Blowing Rock Boulevard, Lenoir, NC 28645 For Sale

CB
NC 287166
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$1,788,000
3 days on market
Updated 3 days ago

7 Brew Coffee Ground Lease

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 510
Cap Rate 6.15%
NOI $110,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, 7 Brew (+1)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Five, 5-Year
Price per SqFt $3,506
Broker Co-Op True
Year Built 2026
Acreage 0.350
Zoning Commercial
Parking Spaces 4 spaces
Parking per 1,000 SqFt 7.84
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/01/2026
Ground Lease Yes

Zero Landlord Responsibilities | Brand New Construction | Double Drive-Thru | Great Visibility

Investment highlights

• Brand new 2026 construction

• Absolute net ground lease | Zero landlord responsibilities

• Excellent tenant average unit volume of $2.66M systemwide

• 15 year lease term

• Double drive-thru to allow for 20+ car stack

• Personal guaranty from a strong franchisee operator with excellent track record | See page 8 for more information

• Great visibility & access from Blowing Rock Blvd/Hwy 321 | Nearby intersection at Wilkesboro Blvd sees 49,000 VPD

• Hwy 321 is considered one of the main travel corridors throughout Western North Carolina | Consistent pass-through traffic

• Located inside of dense retail corridor | 2.3M SF within a 2-mile radius

• Stable population growth within 1-mile | 9.57% from ’10-‘25

• Large industrial presence nearby | 2.5M SF of space within a 2-mile radius

• 5 minutes from Caldwell Memorial Hospital | 137 beds

• Within 10 minutes from Hibriten High School & West Caldwell High School | 1,450 students combined

• Nearby Destination Retailers: Walmart Supercenter, Food Lion, Lowe’s, Tractor Supply Co., Belk, LongHorn Steakhouse, Chickfil- A, McDonald’s, Taco Bell, Wendy’s, Arby’s, KFC, Bojangles, Cook Out, Dunkin’, Chipotle, Starbucks, Biscuitville, Pizza Hut, Jersey Mike’s, Zaxby’s, Sonic, Hardee’s, ALDI, and more

Listing Contacts

CB
NC 287166
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$110,000.00
$9,166.67/mo

Valuation Metrics

0
DSCR
6.15%
Cap Rate
6.15%
ROI

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