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7 Brew Absolute NNN Ground Lease

702 W Trade St, Dallas, NC 28034

For Sale
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A newly constructed, single-tenant coffee shop sits on a 1.07-acre site with a long-term lease structure.

Property SizeContact for details
Lot Size1.07 Acres
Days on Market15

Property Features for 702 W Trade St

General Information

Standard status Active
Lot size 1.07 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $120,000

Additional Details

Cap Rate 6.15%
Tenant in Place Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 8 at 4:50PM

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 Atlantic Capital Partners

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Investment Insights

Based on property information with market context.

A newly built 7 Brew coffee shop occupies a 1.07-acre site in Dallas, North Carolina. The single-tenant property is subject to an absolute NNN ground lease, with the tenant responsible for property expenses under the lease structure.

The initial lease term is 15 years, with 10% rent increases every five years and three five-year renewal options. The lease is personally guaranteed and has a 6.15% cap rate. The property is located off West Trade Street, approximately four miles north of Gastonia and 24 miles west of Charlotte.

Key Highlights

  • Newly constructed 7 Brew on a 1.07‑acre site
  • Single‑tenant absolute NNN ground lease
  • 15‑year initial lease term

Property Analytics

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Open Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Auto Parts Store Gym & Fitness Center

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby
215k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 27% Groceries 27% Electronics 1%
Ingles Groceries
39,066 visits/mo 0.1 miles
McDonald's Dining
31,590 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
19,029 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
18,848 visits/mo 0.4 miles
7-Eleven Shops & Services
14,335 visits/mo 0.1 miles

Demographics for 28034, NC

19,258
Population
8,085
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
45.6 sq mi
ZIP Area
422
Density / Sq Mi
$59,969
Median Household Income
$42,804
Median Earnings
$841
Median Rent
$221,000
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
NNN property - A newly constructed, single-tenant coffee shop sits on a 1.07-acre site with a long-term lease structure.
Where is this nnn property located?
The property is located at 702 W Trade St Dallas, NC.
What is the asking price?
The asking price for this property is $1,951,000.
What are key features of this property?
This property features: Newly constructed 7 Brew on a 1.07‑acre site; Single‑tenant absolute NNN ground lease; 15‑year initial lease term
(704) 375-7771 · Office Call to check price and availability
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