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Views: 25 DOM: 88 Updated: 04.28.24 Posted: 02.18.24 Status: Active

Summary

Price $2,803,803
Built/Renov 2000
Tenant 7 Brew Coffee
Cap Rate 6.50%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 530
Lease Start 08-02-2023
#Units 89
Price/SF $5,290.19
Expiration 08-02-2043
Tenant Type Fast Food/QSR
NOI $182,247
R. Term 19.2
Ownership Fee Simple
Rent/SF $343.86
Increases 10.0%/4/yrs
Pop 5Mi 112,914
Lot/AC 1.85
Options 4/5yrs/10%
AHHI 5Mi $54,516

Lease Highlights

  • Brand-new 2023 construction
  • 7 Brew Coffee has 19+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations every 5 years throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

7 Brew Coffee is strategically located on Peach Orchard Road, with access to 33,044 vehicles passing by daily. The property is surrounded by national tenants, including Advance Auto Parts, Dunkin', Wendy's, Bank of America, Big Lots, Zaxby's, and more. Educational institutions in the vicinity include Butler High School, A. Dorothy Hains Elementary School, and Wheelless Road Elementary. The...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: 7 Brew Coffee
  • Guarantor:Corporate
  • Company:Brew Culture LLC
  • # Units:89
  • 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 : 7,609 47,526 112,446
2023 Total Population : 7,757 48,355 112,271
2023 Employed Civilian Pop : 2,887 17,656 43,919
2023 Total Businesses : 319 1,471 4,006
2023 Average Household Income : $ 53,766 $ 52,340 $ 67,064
2023 Total Consumer Spending : $ 143 M $ 852 M $ 2634 M
2023 Median Age : 36 37 37
2023 Total Households : 3,025 18,502 44,723
2023 Pop Age 25+: Bachelor's Degree : 273 2,259 8,721
2023 Average Home Value : $ 127,756 $ 159,618 $ 194,168
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Peach Orchard Rd Bloomingdale St 2008 29,270 0.31 mi
Lumpkin Rd Jordan St 2008 12,790 0.32 mi
Peach Orchard Road Bloomingdale St 2018 28,900 0.38 mi
Peach Orchard Road Peach Orchard Rd 2021 25,900 0.39 mi
Peach Orchard Rd Bloomingdale St 2014 27,200 0.39 mi
Lumpkin Road Briarwood Ave 2021 7,080 0.40 mi
Lumpkin Road Fernwood Dr 2019 7,640 0.40 mi
Harold Road Peach Orchard Rd 2021 1,110 0.49 mi
Windsor Spring Road Brighton Cir 2021 7,410 0.52 mi
Peach Orchard Road Scott Rd 2021 21,400 0.56 mi

Listing Broker

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