7 Brew Coffee (GL)

5400 Rogers Avenue, Fort Smith, AR 72903

$1,600,000

Cap Rate 6.25%

Views: 24 DOM: 91 Updated: 04.28.24 Posted: 02.15.24 Status: Active

Summary

Price $1,600,000	Built/Renov 2024	Tenant 7 Brew Coffee (GL)
Cap Rate 6.25%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 510	Lease Start 01-15-2004	#Units 20
Price/SF $3,137.25	Expiration 01-31-2039	Tenant Type Fast Food/QSR
NOI $100,000	R. Term 14.8	Ownership Ground Lease
Rent/SF $196.08	Increases 10.0%/5/yrs	Pop 5Mi 89,052
Lot/AC 0.67	Options 4/5yrs/10%	AHHI 5Mi $62,432

Lease Highlights

Brand-new 2024 construction
7 Brew Coffee recently executed a brand-new 15-year ground lease with 4 (5-year) options to extend
The lease features 10% rental increases throughout the initial term and each option period
Absolute NNN | Zero landlord responsibilities
Franchisee backed lease

Location Description

7 Brew Coffee is strategically located on Rogers Avenue, the main retail thoroughfare, with access to 32,500 vehicles passing by daily. Additionally, the property is conveniently located just one block from I-540 (51,600 VPD). Surrounding national retailers include Walmart Neighborhood Market, Hobby Lobby, Planet Fitness, Burlington, and more. Furthermore, the property is adjacent to Central...

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Key Features

New construction
Build to suit
Dense retail corridor
Near major nationals
Affluent AHHI $100K 5 Mi
Major MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Personal guarantee

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Links

7 Brew Coffee Wikipedia Fort Smith, Arkansas Zip Code 72903 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:Franchisee
# Units:20
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 :	5,807	50,858	90,432
2023 Total Population :	5,846	50,685	90,049
2023 Employed Civilian Pop :	2,887	23,443	40,379
2023 Total Businesses :	504	2,545	4,394
2023 Average Household Income :	$ 93,432	$ 75,153	$ 74,268
2023 Total Consumer Spending :	$ 208 M	$ 1417 M	$ 2385 M
2023 Median Age :	42	38	38
2023 Total Households :	2,549	21,557	36,717
2023 Pop Age 25+: Bachelor's Degree :	997	5,614	9,566
2023 Average Home Value :	$ 295,100	$ 218,701	$ 194,574

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
South Waldron Road	U St S	2021	5,200	0.03 mi
Rogers Avenue	S 57th St	2021	33,000	0.14 mi
South 58th Street	X St S	2021	2,500	0.30 mi
Rogers Avenue	S P St	2021	26,000	0.33 mi
South Waldron Street	Duncan Rd	2021	11,000	0.34 mi
540	Rogers Ave	2021	2,700	0.40 mi
540	Rogers Ave	2021	6,800	0.44 mi
540	Rogers Ave	2021	7,000	0.45 mi
540	Cliff Dr	2021	7,200	0.48 mi
540	I- 540	2021	2,200	0.48 mi

Listing Broker

Jeff Lefko

Hanley Investment Group

Contact

115 Listings
5118 Views
54 Sold

Bill Asher

Hanley Investment Group

Contact

117 Listings
5248 Views
50 Sold

Jeff Lefko

As Executive Vice President at Hanley Investment Group, Jeff Lefko specializes in advising clients in the acquisition and disposition of retail properties nationwide. Jeff is focused on developing meaningful relationships that go beyond a singular transaction by proactively advising his clients to help achieve their long-term financial goals and objectives. Jeff’s commitment to his clients has allowed him to close over $1.5 billion in sales since 2017, which included 114 transactions va

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Bill Asher

Bill Asher specializes in advising clients in the acquisition and disposition of retail properties nationwide. With over 20 years of experience in commercial real estate, his transaction expertise, industry relationships, and unparalleled professionalism have allowed him to close and contribute to more than $2 billion in sales, including over 550 sales in the last 10 years. Bill’s dedication and unwavering commitment to his clients have made him one of the top agents at the company earning him

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