Starbucks NNN
For Sale
Contact for pricing
380 George W Liles Pkwy, Concord, NC 28027
Newly constructed asset leased to Starbucks under a long-term NN lease.
Property SizeContact for details
Days on Market143
Property Features for 380 George W Liles Pkwy
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Traffic Count
41,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Stonecliff
(973) 632-1386
Listed By:
Ryan Eklund · License #NC 286222
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:44AM
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 Stonecliff
Investment Insights
Based on property information with market context.
This newly constructed commercial property is owned fee simple, including the land and building, and is occupied by Starbucks Corporation. The tenant has executed a 10-year NN lease with 6 five-year extension options. Contractual rent increases of 10% occur every 5 years during the initial term and at the start of each option period. The lease structure limits landlord responsibilities.
The property sits near the signalized intersection of George W Liles Pkwy and Poplar Tent Rd, where combined traffic is reported at 41,000 VPD. Interstate-85 access is nearby, with reported traffic of 111,000 VPD. Afton Ridge, a Target-anchored shopping center, is less than a mile away and includes Dollar Tree, Marshall’s, Burlington, and other national tenants. Additional nearby retailers and service businesses include Harris Teeter, Chick-fil-A, QuikTrip, Walgreens, AutoZone, 7-Eleven, Firestone, and Advance Auto Parts.
The property sits near the signalized intersection of George W Liles Pkwy and Poplar Tent Rd, where combined traffic is reported at 41,000 VPD. Interstate-85 access is nearby, with reported traffic of 111,000 VPD. Afton Ridge, a Target-anchored shopping center, is less than a mile away and includes Dollar Tree, Marshall’s, Burlington, and other national tenants. Additional nearby retailers and service businesses include Harris Teeter, Chick-fil-A, QuikTrip, Walgreens, AutoZone, 7-Eleven, Firestone, and Advance Auto Parts.
Key Highlights
- Starbucks Corporation occupies the newly constructed property
- 10‑year NN lease with 6 five‑year extension options
- 10% rent increases every 5 years during the initial term and each option period
Property Analytics
Property Profile
Current Use
Lease Details
41,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
249k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Dining 33%
Groceries 26%
Apparel 7%
QuikTrip
Shops & Services
52,819 visits/mo
0.0 miles
Food Lion Grocery Store
Groceries
33,437 visits/mo
0.3 miles
Harris Teeter
Groceries
30,695 visits/mo
0.4 miles
Starbucks
Dining
20,828 visits/mo
0.5 miles
Goodwill
Apparel
17,578 visits/mo
0.3 miles
Demographics for 28027, NC
76,478
Population
31,450
Households
2.4
Avg Household Size
36
Median Age
43%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
1,108
Density / Sq Mi
$89,101
Median Household Income
$48,976
Median Earnings
$1,433
Median Rent
$341,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed asset leased to Starbucks under a long-term NN lease.
Where is this nnn property located?
The property is located at 380 George W Liles Pkwy Concord, NC.
What are key features of this property?
This property features: Starbucks Corporation occupies the newly constructed property; 10‑year NN lease with 6 five‑year extension options; 10% rent increases every 5 years during the initial term and each option period
