Dash In NNN Ground
745 Jake Alexander Blvd S, Salisbury, NC 28147
For Sale
Contact for pricing
A 20-year absolute triple-net lease includes scheduled rent increases and no landlord responsibilities.
Property SizeContact for details
Days on Market33
Property Features for 745 Jake Alexander Blvd S
General Information
Standard status
Property subtype
Site & Location
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Forged Real Estate
Listed By:
Marco DiPrinzio · License #327764
(302) 510-6397
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 4:07PM
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 Forged Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The fee simple interest is leased to Dash In under a 20-year absolute NNN ground lease. Rent increases by 10% every five years, and the lease places no landlord responsibilities on the property owner.
At 745 Jake Alexander Blvd S in Salisbury, the property is less than one-half mile from Exit 75 on I-85. Jake Alexander Blvd S is U.S. Route 601 and carries approximately 36,500 vehicles per day; I-85 carries approximately 93,000 vehicles per day. Rowan-Cabarrus Community College, with more than 7,100 students, is also less than one-half mile away.
The two-mile area has recorded population growth of approximately 5.65% and household growth of 8.31% since 2020. Within 10 miles, the estimated population is approximately 118,000, with 47,000 households.
At 745 Jake Alexander Blvd S in Salisbury, the property is less than one-half mile from Exit 75 on I-85. Jake Alexander Blvd S is U.S. Route 601 and carries approximately 36,500 vehicles per day; I-85 carries approximately 93,000 vehicles per day. Rowan-Cabarrus Community College, with more than 7,100 students, is also less than one-half mile away.
The two-mile area has recorded population growth of approximately 5.65% and household growth of 8.31% since 2020. Within 10 miles, the estimated population is approximately 118,000, with 47,000 households.
Key Highlights
- 20‑year absolute NNN ground lease with no landlord responsibilities
- Rent increases 10% every five years
- Jake Alexander Blvd S (U.S. Route 601) carries approximately 36,500 vehicles per day
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
36,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
322k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Apparel 29%
Shops & Services 23%
Hotels & Casinos 3%
Kohl's
Apparel
43,544 visits/mo
0.3 miles
Culver's
Dining
32,229 visits/mo
0.3 miles
Olive Garden
Dining
26,399 visits/mo
0.3 miles
Belk
Apparel
24,811 visits/mo
0.4 miles
Dollar Tree
Shops & Services
21,983 visits/mo
0.2 miles
Demographics for 28147, NC
26,618
Population
10,095
Households
2.6
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
77.6 sq mi
ZIP Area
343
Density / Sq Mi
$59,770
Median Household Income
$36,118
Median Earnings
$1,036
Median Rent
$241,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - A 20-year absolute triple-net lease includes scheduled rent increases and no landlord responsibilities.
Where is this nnn property located?
The property is located at 745 Jake Alexander Blvd S Salisbury, NC.
What is the asking price?
The asking price for this property is $6,884,000.
What are key features of this property?
This property features: 20‑year absolute NNN ground lease with no landlord responsibilities; Rent increases 10% every five years; Jake Alexander Blvd S (U.S. Route 601) carries approximately 36,500 vehicles per day
