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| Price $2,610,000 | Built/Renov 2023 | Tenant 7 Brew Coffee |
| Cap Rate 7.15% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
522
| Lease Start
02-01-2024
| #Units
10
|
| Price/SF $5,000.00 | Expiration
02-01-2044
| Tenant Type Fast Food/QSR |
| NOI $186,632 | R. Term 19.2 | Ownership Fee Simple |
| Rent/SF
$357.53
| Increases 1.0%/1/yrs | Pop 5Mi 22,834 |
| Lot/AC 0.67 | Options 4/5yrs/1% | AHHI 5Mi $68,598 |
| | |
7 Brew Coffee is strategically located on Decatur Pike, providing excellent access and visibility to a daily traffic count of 22,610 vehicles. The property functions as an outparcel to a Belk and ALDI-anchored shopping center. Furthermore, it is situated just a block away from the intersection of Decatur Pike & Lee Highway, with a combined daily traffic count of 37,600 VPD. The property is...
...New construction
Build to suit
Near major nationals
Shopping Ctr out-parcel
Income tax free state
Brand new lease
Long 20+ yr lease
Absolute NNN
Annual rent increases
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 : | 3,216 | 15,073 | 22,678 |
| 2023 Total Population : | 3,306 | 15,375 | 22,834 |
| 2023 Employed Civilian Pop : | 980 | 5,437 | 8,577 |
| 2023 Total Businesses : | 298 | 935 | 1,040 |
| 2023 Average Household Income : | $ 41,556 | $ 60,581 | $ 68,598 |
| 2023 Total Consumer Spending : | $ 54 M | $ 335 M | $ 557 M |
| 2023 Median Age : | 42 | 41 | 43 |
| 2023 Total Households : | 1,477 | 6,237 | 9,197 |
| 2023 Pop Age 25+: Bachelor's Degree : | 186 | 1,727 | 2,565 |
| 2023 Average Home Value : | $ 174,701 | $ 208,648 | $ 220,070 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Dupit Street | Decatur Pike | 2022 | 2,429 | 0.16 mi |
| Lee Hwy | Burnsbrooke Dr | 2003 | 15,760 | 0.21 mi |
| Decatur Pike | Haley St | 2022 | 20,763 | 0.29 mi |
| Tellico Avenue | Sliger St | 2022 | 2,876 | 0.37 mi |
| Congress Parkway Northwest | Tellico Ave | 2022 | 14,065 | 0.45 mi |
| Maple Street | Elliott St | 2022 | 4,700 | 0.46 mi |
| Old Riceville Road | Aldridge Ln | 2022 | 3,759 | 0.56 mi |
| Velma Road | Sullins Rd | 2022 | 2,823 | 0.62 mi |
| VELMA RD. | George St | 2021 | 1,028 | 0.62 mi |
| Richardson Street | Oak St | 2022 | 545 | 0.73 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
