7925 Commerce Dr, Denver, NC 28037
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 7925 Commerce Dr
- Year built
- 2024
- Property type
- Commercial real estate
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 9, 2025 | — | Am Denver Properties LLC | — | Deed · related | $741k · Blueharbor Bank |
| Apr 18, 2024 | — | Am Denver Properties LLC | — | Deed · related | $715k · Blueharbor Bank |
| Feb 23, 2018 | $500,000 | Am Denver Properties LLC | Schweppe Partners LLC | Warranty Deed | — |
| Jan 24, 2018 | — | Schweppe Partners LLC | Elmore,patrick K & Byrony P | Grant Deed · related | — |
| Nov 21, 2016 | — | American Land Corp-charlotte I | Payne Rock Investments LLC | Warranty Deed · related | — |
| Oct 4, 2016 | — | Schweppe Partners LLC | Elmore,patrick E & Byrony P | Warranty Deed · related | — |
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, single-story Caribou Coffee located at 7925 Commerce Dr, Denver, NC 28037, within the Charlotte MSA. Built in 2024, this Class A retail property boasts a 100% occupancy rate under a corporate-guaranteed, 10-year Net Lease (NNN) agreement with built-in rent bumps. The lease features 10% rent escalations every five years, ensuring consistent income growth. The property's strong financial performance is reflected in its $120,000 annual Net Operating Income (NOI) and attractive 6.35% capitalization rate. The single-building property sits on a B-G zoned lot and offers excellent visibility and accessibility, enhanced by monument and building signage. This is a rare chance to acquire a secure, high-performing investment in a rapidly growing area of North Carolina. The property's location within the affluent Charlotte submarket benefits from explosive population growth, making it an ideal long-term investment. The asking price is $1,889,763. This is a fee simple ownership, not a ground lease. All aspects of the property are in excellent condition. The lease is a single-tenant agreement. The investment type is a Net Lease.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Lincoln
- State
- North Carolina
- Longitude
- -80.995201
- Latitude
- 35.484715
