7 Brew Coffee (GL)

107 Highway 80 West, Clinton, MS 39056

$1,923,000

Cap Rate 6.50%

Views: 14 DOM: 41 Updated: 04.26.24 Posted: 04.06.24 Status: Active

Summary

Price $1,923,000	Built/Renov 2024	Tenant 7 Brew Coffee (GL)
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 510	Lease Start 02-01-2024	#Units 2
Price/SF $3,770.59	Expiration 02-01-2044	Tenant Type Fast Food/QSR
NOI $125,000	R. Term 19.8	Ownership Ground Lease
Rent/SF $245.10	Increases 10.0%/5/yrs	Pop 5Mi 44,454
Lot/AC 0.52	Options 4/5yrs/10%	AHHI 5Mi $88,816

Kyle Varni

Secure Net Lease

Contact

Lease Highlights

Brand-new 2024 construction
7 Brew Coffee recently executed a brand-new 20-year ground lease with 4 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Absolute NNN | Zero landlord responsibilities
Lease guaranteed by 7 Brew Mississippi, LLC

Location Description

7 Brew Coffee strategically located at the signalized, hard corner intersection of Clinton Parkway and Highway 80 W, with access to a combined daily traffic count of 28,200 vehicles. The property is positioned directly across the street from Mississippi College, a private university with over 5,000 enrolled students. Additionally, it is anchored by a high-performing Kroger, serving as the main...

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Key Features

New construction
Signalized intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent suburb location
Brand new lease
Long 15+ yr lease
Absolute NNN
Personal guarantee

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Links

7 Brew Coffee Wikipedia Clinton, Mississippi Zip Code 39056 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:7 Brew Mississippi, LLC
# Units:2
Stock:Private

About Tenant

7 Brew Coffee is an American drive-thru coffee chain that focuses on bringing high-quality, locally roasted, and fresh coffee beans to the market. The Arkansas-based coffee stands have a retro...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	6,647	26,693	43,813
2023 Total Population :	6,787	27,483	45,114
2023 Employed Civilian Pop :	2,404	11,872	18,936
2023 Total Businesses :	451	839	1,400
2023 Average Household Income :	$ 69,257	$ 80,805	$ 69,019
2023 Total Consumer Spending :	$ 134 M	$ 726 M	$ 1058 M
2023 Median Age :	27	36	36
2023 Total Households :	2,211	10,473	17,726
2023 Pop Age 25+: Bachelor's Degree :	967	5,380	7,430
2023 Average Home Value :	$ 197,204	$ 209,846	$ 193,078

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Clinton Parkway	Fairmont St	2021	17,000	0.17 mi
Hwy 80 W	Broadway St	2009	27,000	0.21 mi
	Broadway St	2018	20,000	0.21 mi
Springridge Rd	Broadway St	2009	27,000	0.21 mi
Springridge Road	Broadway St	2018	20,000	0.21 mi
East College Street	Landrum St	2021	3,900	0.26 mi
East College Street	Clinton Pkwy	2018	4,700	0.26 mi
Clinton Pkwy	E Main St	2018	21,000	0.28 mi
East College Street	Hester St	2021	3,700	0.31 mi
Woodstone Rd	Woodstone Pl	2008	1,700	0.37 mi

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