7 Brew Coffee

1553 Fording Island Road, Hilton Head Island, SC 29926

$2,615,000

Cap Rate 6.50%

Views: 139 DOM: 131 Updated: 09.05.24 Posted: 05.08.24 Status: Active 09.05.24

Summary

Price $2,615,000	Built/Renov 2024	Tenant 7 Brew Coffee
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 1,335	Lease Start 07-01-2024	#Units 35
Price/SF $1,958.80	Expiration 06-30-2039	Tenant Type Fast Food/QSR
NOI $170,000	R. Term 14.9	Ownership Fee Simple
Rent/SF $127.34	Increases 1.0%/1/yrs	Pop 5Mi 38,712
Lot/AC 0.90	Options 5/5yrs/1%	AHHI 5Mi $118,480

Lease Highlights

Brand new 2024 construction
7 Brew Coffee will be executing brand new 15-year lease with 5 (%-year) options at the close of escrow
The lease features 1% annual rental escalations throughout the initial term and option periods
Absolute NNN | Zero landlord responsibilities
Lease guaranteed by 7 Venture, Inc. | Corporate affiliate of K-Mac Enterprises

Location Description

7 Brew Coffee is strategically located on Fording Island Rd/U.S. Hwy 278, with access to a robust daily traffic count of 56,400 vehicles. The property is conveniently situated within walking distance of Tanger Outlets Hilton Head and Hilton Head Village, anchored by Marshalls and Old Navy Outlet. Additionally, it is just 1.5 miles from other well-known national tenants, such as Lowe’s, World...

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Key Features

New construction
Build to suit
Dense retail corridor
Near major nationals
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Absolute NNN
Annual rent increases
Top franchise operator

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Links

7 Brew Coffee Wikipedia Hilton Head Island, South Carolina Zip Code 29926 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:7 Venture, Inc.
# Units:35
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 :	1,987	10,974	38,514
2023 Total Population :	1,996	10,990	38,712
2023 Employed Civilian Pop :	676	4,773	17,885
2023 Total Businesses :	170	594	2,009
2023 Average Household Income :	$ 119,941	$ 104,533	$ 118,480
2023 Total Consumer Spending :	$ 97 M	$ 411 M	$ 1633 M
2023 Median Age :	57	40	42
2023 Total Households :	948	4,557	15,999
2023 Pop Age 25+: Bachelor's Degree :	625	2,303	8,010
2023 Average Home Value :	$ 611,757	$ 593,182	$ 539,901

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
L- 4080 (MALPHRUS RD) TO US 278 (FORDING ISLAND RD)	Fording Island Rd	2021	17,700	0.66 mi
William Hilton Pkwy	CC Haig Jr Boat Landing	2010	49,600	1.32 mi
William Hilton Pkwy	Blue Heron Point Rd	2011	52,080	1.67 mi
Fording Island Rd	D/w	2010	55,400	1.95 mi
Fording Island Road	D/w	2022	48,500	1.95 mi
Fording Island Road	Coastal Dr	2021	47,900	1.95 mi
S- 163 (BURNT CHURCH RD) TO L- 4080 (MALPHRUS RD)	Stauffer Ct	2021	26,300	2.04 mi
Pine Island Rd	Driftwood Dr	2005	125	2.29 mi
Sawmill Creek Road	Hickory Hill Ln	2022	2,200	2.36 mi
Sawmill Creek Road	Hodge Ave	2021	2,000	2.36 mi

Listing Broker

Calvin Short

Berkeley Capital Advisors

Contact

178 Listings
19609 Views
22 Sold

Aron Cline

Berkeley Capital Advisors

Contact

171 Listings
18966 Views
20 Sold

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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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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