7 Brew Coffee (GL)

1110 Cooktown Road, Ruston, LA 71270

$1,417,000

Cap Rate 6.00%

Views: 98 DOM: 52 Updated: 07.18.24 Posted: 07.18.24 Status: Active

Summary

Price $1,417,000	Built/Renov 2024	Tenant 7 Brew Coffee (GL)
Cap Rate 6.00%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 510	Lease Start 09-01-2024	#Units 30
Price/SF $2,778.43	Expiration 08-31-2039	Tenant Type Fast Food/QSR
NOI $85,000	R. Term 14.12	Ownership Ground Lease
Rent/SF $166.67	Increases 10.0%/5/yrs	Pop 5Mi 34,518
Lot/AC 0.79	Options 3/5yrs/10%	AHHI 5Mi $59,704

Lease Highlights

Brand-new 2024 construction
New 15-year ground lease with 3 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Lease guaranteed by Brew Crew (30+ units backed)

Location Description

7 Brew is strategically located on Cooktown Rd, a primary retail thoroughfare, with access to 20,000 vehicles passing by daily. The property is conveniently adjacent to the Shoppes at Tech Drive and less than 0.50 miles from both Louisiana Tech University (8,700 students) and Ruston High School (1,300 students). Across Interstate 20 lies a shopping center anchored by Hobby Lobby, alongside...

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Key Features

New construction
Build to suit
Near major nationals
Strategically located
Freeway visibility
University college close
Brand new lease
Long 15+ yr lease
25+ unit franchisee backed

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Links

7 Brew Coffee Wikipedia Ruston, Louisiana Zip Code 71270 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:Brew Crew
# Units:30
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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Listing Broker

Patrick Luther

SRS National Net Lease Group

Contact

393 Listings
32666 Views
160 Sold

Matthew Mousavi

SRS National Net Lease Group

Contact

343 Listings
29558 Views
131 Sold

Patrick Luther

Patrick joined SRS in 2016 with more than 10 years of transactional brokerage experience in the commercial real estate industry and over $1 billion in closed transactions, representing over 300 individual properties. Along with Matthew Mousavi, Patrick co-founded and leads the National Net Lease Group at SRS, the exclusive net lease capital markets platform within SRS, comprised of more than 75 professionals handling all net lease transactions for the firm nationally. He focuses on all types of

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Matthew Mousavi

Matthew is the managing principal and co-founder of the SRS National Net Lease Group, based in Newport Beach, California. SRS’ is the exclusive net lease investment advisory platform across more than 25 offices nationally. SRS is the largest retail estate firm in North America exclusively focused on retail services, of which Matthew is a member of the board. The firm has a track record spanning over 30 years and billions in transaction volume, and represents over 400 retailers throughout the co

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