7 Brew Coffee (GL)

8023 Cantrell Road, Little Rock, AR 72227

$1,824,000

Cap Rate 6.25%

Views: 351 DOM: 460 Updated: 07.09.24 Posted: 08.19.23 Status: Active

Summary

Price $1,824,000	Built/Renov 2023	Tenant 7 Brew Coffee (GL)
Cap Rate 6.25%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 600	Lease Start 03-20-2023	#Units 50
Price/SF $3,040.00	Expiration 03-19-2038	Tenant Type Fast Food/QSR
NOI $114,000	R. Term 13.4	Ownership Ground Lease
Rent/SF $190.00	Increases 10.0%/5/yrs	Pop 5Mi 145,381
Lot/AC 0.87	Options 3/5yrs/10%	AHHI 5Mi $85,015

Peter Deltondo

Marcus & Millichap

Contact

Lease Highlights

Brand new 2023 construction
7 Brew Coffee recently signed a brand new 15-year lease with 3 (5-year) options to renew
Lease features a 10% rental increase every 5 years throughout the initial term and at the start of each option
Absolute NNN lease | Zero landlord responsibilities
Lease guaranteed by Brew Crew 2, LLC (50+ units backed)

Location Description

This newly constructed 7 Brew Coffee is located along Cantrell Road with access to 37,600 vehicles per day. The site benefits from its direct proximity to ReNew on Cantrell (140 units) and Holiday Andover Place providing a directed consumer base for the site to draw from. National/credit tenants in the area include McDonald's, Starbucks, Walgreens, Anytime Fitness, Slim Chickens and many more....

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Key Features

New construction
Signalized intersection
Major thoroughfare
Central metro location
Top 100 MSA
Strong demographics
Brand new lease
Long 15+ yr lease
Absolute NNN
50+ unit franchisee backed

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Links

7 Brew Coffee Wikipedia Little Rock, Arkansas Zip Code 72227 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew
Guarantor:Franchisee
Company:BREW CREW 2, LLC
# Units:50
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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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	10,731	57,617	147,296
2023 Total Population :	10,930	58,291	146,627
2023 Employed Civilian Pop :	6,026	31,412	75,725
2023 Total Businesses :	312	3,997	7,840
2023 Average Household Income :	$ 108,112	$ 100,278	$ 92,660
2023 Total Consumer Spending :	$ 500 M	$ 2397 M	$ 5350 M
2023 Median Age :	41	39	38
2023 Total Households :	5,374	27,702	66,713
2023 Pop Age 25+: Bachelor's Degree :	2,997	13,646	28,205
2023 Average Home Value :	$ 338,152	$ 325,667	$ 292,061

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Cantrell Rd	Biscayne Dr	2005	29,800	0.03 mi
Cantrell Road	Keightly Dr	2021	28,000	0.28 mi
Keightly Drive	T St	2021	2,900	0.32 mi
Richwood Road	Jewell Rd	2021	1,300	0.45 mi
North Mississippi Avenue	Ohio St	2021	12,000	0.47 mi
Cantrell Road	Bryant St	2021	27,000	0.65 mi
Hillwood Road	Skywood Rd	2021	1,400	0.67 mi
Reservoir Rd	Professor Dr	2017	5,700	0.74 mi
Reservoir Road		2019	5,700	0.75 mi
Reservoir Road	Sunset Hill	2021	4,900	0.75 mi

Listing Broker

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