Property Details + Highlights Overview
New South Properties of the Carolinas is pleased to present a prime single-tenant 7 Brew Coffee ground lease opportunity in Wilkesboro, NC. Located at 1828 US-421, this 0.74-acre site offers outstanding visibility with 39,000+ vehicles per day, direct access from Highway 421 and Winkler Mill Road, and placement as an outparcel to Lowe’s Foods and Tractor Supply within a strong national retail corridor. Backed by a true NNN ground lease with one of the largest 7 Brew franchisee with plans to open hundreds more, this investment provides stable income with no landlord responsibilities and nine years remaining on the initial lease term.
Investment Overview
- Asking Price: $1,399,689
- Current NOI: $90,000
- Initial Cap Rate: 6.43%
- Land Acreage: 0.74 Acres
- Year Built: 2025
- Zoning: B-2
- Building Size: 510 sq ft
- Lease Type: Absolute NNN Ground Lease
- Lease Term: 10 Years
- Term Remaining: 9 Years