| Price $2,905,000 | Built/Renov 2023 | Tenant 7 Brew Coffee |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
510
| Lease Start
08-11-2022
| #Units
1
|
| Price/SF $5,696.08 | Expiration
12-31-2037
| Tenant Type Fast Food/QSR |
| NOI $196,082 | R. Term 13.7 | Ownership Fee Simple |
| Rent/SF
$384.47
| Increases 8.5%/4/yrs | Pop 5Mi 201,978 |
| Lot/AC 0.60 | Options 6/5yrs/10% | AHHI 5Mi $91,231 |
| | |
7 Brew Coffee is strategically located on Essen Lane, with access to 21,826 vehicles passing by daily. The property is surrounded by well-known national tenants, including Wendy's, McDonald's, Walgreens, Albertsons, and more. Additionally, it is situated in a large medical corridor and across the street from Our Lady of the Lake Regional Medical Center, which is the largest hospital in the...
...New construction
Near major nationals
Strategically located
Freeway close
Hospital close
Top 100 MSA
Strong demographics
Absolute NNN
Long 10+ yr lease
Personal guarantee
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,560 | 66,075 | 202,634 |
| 2023 Total Population : | 5,541 | 66,282 | 202,821 |
| 2023 Employed Civilian Pop : | 3,114 | 35,762 | 106,469 |
| 2023 Total Businesses : | 1,222 | 6,795 | 14,922 |
| 2023 Average Household Income : | $ 73,702 | $ 113,521 | $ 91,041 |
| 2023 Total Consumer Spending : | $ 191 M | $ 3001 M | $ 6910 M |
| 2023 Median Age : | 36 | 39 | 34 |
| 2023 Total Households : | 2,930 | 30,736 | 87,386 |
| 2023 Pop Age 25+: Bachelor's Degree : | 870 | 15,740 | 37,432 |
| 2023 Average Home Value : | $ 333,692 | $ 401,578 | $ 346,693 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Picardy Avenue | Didesse Dr | 2022 | 5,879 | 0.34 mi |
| I-0010 | Essen Ln | 2020 | 17,046 | 0.48 mi |
| I-0010 | I- 10 | 2020 | 16,367 | 0.56 mi |
| Staring Lane | Alberta Dr | 2021 | 21,826 | 0.57 mi |
| Perkins Road | Meadow Park Ave | 2022 | 20,297 | 0.57 mi |
| LA 427 | Essen Ln | 2021 | 18,969 | 0.57 mi |
| Mall of Louisiana Blvd | 2022 | 140,305 | 0.80 mi | |
| Kenilworth Parkway | Irene Blvd | 2022 | 12,277 | 0.85 mi |
| I 10 | Essen Ln | 2021 | 180,587 | 0.91 mi |
| Moss Side Lane | Perkins Rd | 2022 | 1,568 | 1.10 mi |
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Size/SF 3,057
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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