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Drive-Through Restaurant NNN
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139 Blowing Rock Blvd Lot B, Lenoir, NC 28645

Brand new 2023 build-to-suit drive-thru with a modified NNN structure and corporate guarantee.

Property SizeContact for details
Days on Market121

Property Features for 139 Blowing Rock Blvd Lot B

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 29,500 vehicles/day

Building Details

Year Built 2023
Listing Agency: Matthews
Listed By: Jared Kaye · License #FL 3224428
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 9:42PM

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 Matthews

Investment Insights

Based on property information with market context.

Brand new 2023 build-to-suit drive-through restaurant constructed to a latest store prototype. The property features multiple points of ingress and egress and a flat topography design. A modified NNN lease structure is in place with a corporately guaranteed lease.

The site is located on Blowing Rock Blvd with strong visibility and reported traffic counts of approximately 29,500 VPD. The property is adjacent to a newly developed Aspen Dental.

The initial lease term is 15 years with four, 5-year renewal options. Rent includes 10% escalations every five years. The publicly traded tenant is on the NYSE under ticker “CMG.”

Key Highlights

  • Brand new 2023 build‑to‑suit construction with a drive‑thru
  • Modified NNN lease structure with a corporately guaranteed lease
  • Initial 15‑year term with 4, 5‑year renewal options

Property Analytics

Current Use

Chipotle Mexican Grill Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Storage Facility Skin Care Clinic Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 28645, NC

46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Brand new 2023 build-to-suit drive-thru with a modified NNN structure and corporate guarantee.
Where is this drive through restaurant located?
The property is located at 139 Blowing Rock Blvd Lot B Lenoir, NC.
What are key features of this property?
This property features: Brand new 2023 build‑to‑suit construction with a drive‑thru; Modified NNN lease structure with a corporately guaranteed lease; Initial 15‑year term with 4, 5‑year renewal options
(404) 868-4892 Call to check price and availability
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