7 Brew Coffee

7234 Garners Ferry Road, Columbia, SC 29209

$3,027,153

Cap Rate 6.50%

Views: 71 DOM: 136 Updated: 11.11.24 Posted: 08.07.24 Status: Active

Summary

Price $3,027,153	Built/Renov 2023	Tenant 7 Brew Coffee
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 530	Lease Start 09-25-2023	#Units 1
Price/SF $5,711.61	Expiration 09-25-2043	Tenant Type Fast Food/QSR
NOI $196,765	R. Term 18.9	Ownership Fee Simple
Rent/SF $371.25	Increases 10.0%/5/yrs	Pop 5Mi 110,713
Lot/AC 0.70	Options 4/5yrs/10%	AHHI 5Mi $83,830

Lease Highlights

New 2023 construction
7 Brew Coffee has 18+ years remaining on the current lease term with 4 (5-year) options to extend
The lease features 10% rental increases every 5 years throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Franchisee guaranteed lease

Location Description

7 Brew Coffee is strategically located on Garners Ferry Road, with access to 46,036 vehicles passing by daily. The property is surrounded by well-known national tenants including Lowe's Home Improvement, Holiday Inn Express, Chick-fil-A, Waffle House, KFC, and more. Key community amenities include the William Jennings Bryan Dorn Veterans Affairs Medical Center, Brennen Elementary School, South...

...

Key Features

New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Personal guarantee

...

Links

7 Brew Coffee Wikipedia Columbia, South Carolina Zip Code 29209 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:Franchisee
# Units:1
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...

...

Demographics

	1 Miles	3 Miles	5 Miles
2029 Total Population :	8,322	48,790	114,383
2024 Total Population :	8,211	48,159	112,752
2024 Employed Civilian Pop :	4,004	23,990	53,734
2024 Total Businesses :	405	1,408	4,134
2024 Average Household Income :	$ 109,357	$ 97,839	$ 99,342
2024 Total Consumer Spending :	$ 364 M	$ 1783 M	$ 3987 M
2024 Median Age :	36	35	32
2024 Total Households :	3,742	20,591	45,385
2024 Pop Age 25+: Bachelor's Degree :	1,564	8,955	19,680
2024 Average Home Value :	$ 349,746	$ 343,659	$ 357,716

*ESRI data is presented for informational purposes only

Listing Broker

Dan Hoogesteger

Sands Investment Group

Contact

24 Listings
2204 Views
3 Sold

Doug Roland

Sands Investment Group

Contact

16 Listings
2182 Views
2 Sold

Dan Hoogesteger

Daniel S. Hoogesteger is the Managing Director of SIG’s West Coast headquarters in Santa Monica, CA. Prior to being a founding member of SIG, Daniel began his career in 2002 at Faris Lee Investments and has a tenured resume at firms including Marcus & Millichap & CB Richard Ellis. His resume includes representing many of the largest institutional, private capital & development companies in the acquisition & disposition of commercial real estate assets. Daniel leads SIG’s big

...

Doug Roland

Sands Investment Group is a commercial real estate brokerage firm that specializes in the buying and selling of investment properties for private investors and institutions across the United States. Since its founding in 2010, SIG has closed over 4,100 plus transactions worth more than $8 Billion in 48 states. Advisors with the company currently have over $1.4 billion in active inventory. As a leader in the industry, SIG was first to offer true sub-product type specialization. The firm’s experi

...

Max Freedman

Sands Investment Group

Contact

60 Listings
5090 Views
8 Sold

Max Freedman

Max Freedman is a recognized industry leader focused on the Restaurant/C-Store real estate, heads the Austin office and the SIG Restaurant Group. Max is a founding partner and opened the first SIG office in Santa Monica, CA in 2009, with Chris Sands. He has excelled in building the company’s team culture and strategies you see today. Max has a strong team mentality and has had an integral part in recruiting several agents to Sands Investment Group. SIG’s restaurant group consists of nine agen

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT