702 W Trade St Retail
  • Asking Price
    $2MAsking Price
  • Cap Rate
    6.15%Cap Rate
  • Price/SF
    $3,251.67Price/SF
  • Gross Leasable Area
    600 SFGross Leasable Area
  • Traffic Count
    48500Traffic Count
  • NOI
    $120KNOI

Description

7 Brew Coffee – Dallas, NC is a retail investment at 702 W Trade St in the Dallas, NC submarket. The 600 SF property combines a drive-thru format with a 48,500 AADT traffic count, putting vehicle access at the center of its operating profile.

Built in 2026, the property sits on 1.07 acres and is 100% occupied. Its 600 SF gross leasable area makes this a compact building on a larger site, while the drive-thru gives the operator a service format oriented around customers arriving by car. For a buyer, the traffic count and drive-thru are the defining physical features: they connect the site’s exposure to the way this retail concept serves customers. The acreage also gives the building and its vehicle-oriented use room within the property’s footprint.

The asking price is $1,951,000, or $3,251.67 PSF. In-place NOI of $120,000 corresponds to a 6.15% in-place cap rate, giving investors a clear basis for comparing the purchase price with the property’s current income. In-place rents are $120,000, and the gross rent multiplier is 16.26. The 100% occupancy places the focus on the existing income stream rather than a lease-up plan. For a retail investor seeking a drive-thru asset, the opportunity is a compact, occupied property with a defined operating format and measurable vehicle exposure.

Offering Summary

  • Asking Price
    $1,951,000
  • Price PSF
    $3,251.67
  • Price/Unit
    $1,951,000
  • Price/Acre
    $1,823,364.49
  • Property Type
    Retail
  • Size
    600 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    2026
  • Total Acres
    ~1.07 ac

Sale Details

  • Cap Rate
    6.15%
  • NOI
    $120,000
  • In-Place Cap Rate
    6.15%
  • In-Place NOI
    $120,000
  • GRM
    16.26
  • In-Place Rents
    120,000
  • Investment Period
    15 Years

Documents

Property Address

702 W Trade St
Dallas, NC 28034

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    600 SF
  • Occupancy
    100%
  • Traffic Count
    48,500 AADT
  • Amenities
  • Year Built
    2026
  • Acres
    1.07

Deal Team

Chris Wiener profile image

Chris Wiener

Marketing and Transactions Manager
Atlantic Retail