NNN Drive-Through
New
For Sale
$1,778,000
105 Cowan Ln, Statesville, NC 28625
Modern finishes and a recently signed lease support a low-landlord-responsibility operating structure.
Property Size2,949 SF
Days on Market2
Property Features for 105 Cowan Ln
General Information
Standard status
Active
Size
2,949 SF
Property subtype
Retail
Zoning
Neighborhood Business District (B-2)
Site & Location
Drive-Thru
Yes
Traffic Count
32,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,949 SF
Year Built
2022
Tenancy
Single
Listed By:
Nick Santagata
(862) 373-0236
Source:
Srsre
Added: Sep 2
Last Checked: Sep 2 at 2:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nick Santagata
Investment Insights
Based on property information with market context.
This fee-simple NNN investment includes the land and building occupied by Ray Ray's Chicken Shack. Completed in 2022, the property has modern finishes, quality materials, and drive-thru infrastructure. The tenant has signed a new 5-year lease with one additional 5-year renewal option, along with 2% annual rent increases during the initial term and option period.
Tenant obligations include insurance, utilities, maintenance, and repairs, while real estate taxes are reimbursed in full. The property is zoned Neighborhood Business District (B-2) and has direct frontage on Turnersburg Highway / US Highway 21, reporting 32,000 VPD. Interstate 40 and Interstate 77 are minutes away, with reported traffic volumes of 60,500 VPD and 63,500 VPD, respectively. Nearby retail includes Harbor Freight, O'Reilly Auto Parts, Lowe's, Publix-, Home Depot-, and Walmart Supercenter-anchored centers. Statesville is part of the Charlotte MSA.
Tenant obligations include insurance, utilities, maintenance, and repairs, while real estate taxes are reimbursed in full. The property is zoned Neighborhood Business District (B-2) and has direct frontage on Turnersburg Highway / US Highway 21, reporting 32,000 VPD. Interstate 40 and Interstate 77 are minutes away, with reported traffic volumes of 60,500 VPD and 63,500 VPD, respectively. Nearby retail includes Harbor Freight, O'Reilly Auto Parts, Lowe's, Publix-, Home Depot-, and Walmart Supercenter-anchored centers. Statesville is part of the Charlotte MSA.
Key Highlights
- 2022 construction with modern finishes, quality materials, and drive‑thru infrastructure
- New 5‑year lease with one additional 5‑year renewal option
- 2% annual rent increases during the primary term and option period
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
398k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 24%
Shops & Services 23%
Home Improvements & Furnishings 21%
Apparel 13%
Chick-fil-A
Dining
58,965 visits/mo
0.4 miles
T.J. Maxx
Apparel
37,313 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
35,600 visits/mo
0.3 miles
Publix
Groceries
30,327 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
27,701 visits/mo
0.3 miles
Demographics for 28625, NC
38,396
Population
16,917
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
199.3 sq mi
ZIP Area
193
Density / Sq Mi
$64,657
Median Household Income
$38,123
Median Earnings
$996
Median Rent
$216,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Modern finishes and a recently signed lease support a low-landlord-responsibility operating structure.
Where is this nnn property located?
The property is located at 105 Cowan Ln Statesville, NC.
What is the asking price?
The asking price for this property is $1,778,000.
What are key features of this property?
This property features: 2022 construction with modern finishes, quality materials, and drive‑thru infrastructure; New 5‑year lease with one additional 5‑year renewal option; 2% annual rent increases during the primary term and option period
