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    7929 Commerce Dr Denver, NC 28037

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    For Sale
    $1,718,750

    New construction retail property with a 15-year NNN lease.

    Property size:
    2,276 SF
    Lot size:
    0.58 Acres

    Property Features for 7929 Commerce Dr

    General Information

    Size
    2,276 SF
    Lot size
    0.58 Acres

    Source: MPV Properties Agent Mark Newell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction NNN Retail Property

    This new construction retail property is located in a Charlotte submarket experiencing rapid population growth. The property is subject to a new 15-year NNN lease, featuring 10% rent escalations every 5 years. It offers excellent visibility and access, enhanced by both monument and building signage. The property contains 2,276 square feet and is located in Denver, NC.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    DaVinci Fleur Flower Boutique

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Lincoln
    State
    North Carolina
    Longitude
    -80.996599
    Latitude
    35.484613

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    FAQs

    What type of property is this?
    Storefront property - New construction retail property with a 15-year NNN lease.
    Where is this storefront property located?
    The property is located at 7929 Commerce Dr Denver, NC.
    What is the asking price?
    The asking price for this property is $1,718,750.
    What are key features of this property?
    This property features: - Explosive population growth in affluent Charlotte submarket; - New 15 year NNN lease; - New construction
    (704) 248-2100
    Request Owner's contact information
    7929 Commerce Dr Denver, NC 28037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7929 Commerce Dr Denver, NC 28037
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