7 Brew Coffee

5065 U.S. 31, Calera, AL 35040

$2,638,000

Cap Rate 7.15%

Views: 25 DOM: 86 Updated: 05.05.24 Posted: 02.20.24 Status: Contract

Summary

Price $2,638,000	Built/Renov 2023	Tenant 7 Brew Coffee
Cap Rate 7.15%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 543	Lease Start 11-27-2023	#Units 10
Price/SF $4,858.20	Expiration 11-30-2043	Tenant Type Fast Food/QSR
NOI $188,607	R. Term 19.6	Ownership Fee Simple
Rent/SF $347.34	Increases 1.0%/1/yrs	Pop 5Mi 24,819
Lot/AC 1.16	Options 4/5yrs/1%	AHHI 5Mi $90,773

Lease Highlights

Brand-new 2023 construction
7 Brew Coffee recently signed a new 20-year lease with 4 (5-year) options to extend
The lease features 1% rental increases annually
Over $4.1MM in guaranteed income over the base lease term | Blended CAP of 7.87%, assuming purchase at List Price
Absolute NNN | Zero landlord responsibility
Strong guaranty with experienced and successful operators | Lease is backed by Southern Brew Corp., which is run by executives of Tacala, LLC, a 340+ unit Taco Bell operator

Location Description

7 Brew Coffee is strategically located on US-31, offering excellent visibility and accessibility to a daily traffic count of 24,200 vehicles. Situated across the street from a Walmart Supercenter-anchored shopping center, the property stands as the sole coffee-dedicated retailer within a 3-mile radius. Additionally, it is located just a couple of blocks from an on-ramp/off-ramp to I-65, which...

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Key Features

New construction
Near major nationals
Highway location
Top 100 MSA
Affluent suburb location
Brand new lease
Long 15+ yr lease
Absolute NNN
Annual rent increases
Top franchise operator

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Links

7 Brew Coffee Wikipedia Calera, Alabama Zip Code 35040 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:Southern Brew Corp.
# Units:10
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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Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
	Hwy 31	2021	4,308	0.33 mi
US Hwy 31	I- 65	2020	4,308	0.33 mi
US Hwy 31	I- 65	2020	5,809	0.37 mi
	Gaiters Dr	2021	5,809	0.37 mi
Sysco Drive	State Rte 70	2014	9,290	0.54 mi
US Hwy 31	Gaiter Dr	2018	16,239	0.57 mi
County Road 22	Sysco Dr	2018	9,907	0.59 mi
Alabama Highway 70	Jecoma Cir	2021	12,218	0.64 mi
State Rte 70	Limestone Bend	2018	12,247	0.66 mi
I 65	State Hwy70	2021	52,442	0.89 mi

Listing Broker

Aron Cline

Berkeley Capital Advisors

Contact

156 Listings
6784 Views
10 Sold

Calvin Short

Berkeley Capital Advisors

Contact

163 Listings
7132 Views
11 Sold

Aron Cline

Specializing in Single Tenant Net Lease and Shopping Centers, Aron Cline leads Berkeley Capital Advisors’ West Coast Office. Since 2011, Aron has been actively engaged in the commercial real estate space. Over the last decade, he and his team have been regarded as one of the most active brokerage teams in the country - having brokered over 1,300 transactions totaling $3.5 billion. His dedication and success have earned him the trust of some of the country’s top institutions, developers, high ne

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Calvin Short

Calvin Short joined Berkeley Capital Advisors in 2021 and leads the West Coast capital markets group. Since joining Berkeley, Calvin has been a part of closing 1,400 separate transactions with $4 billion in sales volume. Prior to Berkeley, Calvin served as Senior Vice President at Matthews REIS where he was consistently ranked within Matthews’ top five producing agents. In 2012, he graduated from The University of San Diego with a B.A. in Real Estate Finance. Calvin has spent the past 10 years

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