Krispy Kreme NNN Property For Sale — Greensboro, NC
3706 Gate City Blvd., Greensboro, NC 27407
This NNN ground lease investment features a freestanding Krispy Kreme Doughnuts property with a long-term lease in a high-growth area. The asset benefits from strong retail synergy and excellent visibility on Gate City Blvd., a major thoroughfare in Greensboro, NC. The property is strategically located with quick access to I-40 and surrounded by national retailers, ensuring consistent customer traffic. Krispy Kreme Doughnuts, a globally recognized brand with over 1,000 locations, is a strong tenant with significant annual revenues, acquired in 2016 by JAB Holding Co., a prominent investment firm with a diverse portfolio of consumer brands. This offering provides a stable income stream with scheduled rent increases from a well-established tenant.
- Address: 3706 Gate City Blvd., Greensboro, NC 27407
- Asking price $1.40M
- 5.00% cap rate
- NOI $70,000
- 4.3 years remaining
- NNN lease
Asset type: Quick Service Restaurant (QSR)