7 Brew Coffee

2230 North Beltline Boulevard, Columbia, SC 29204

$2,852,738

Cap Rate 6.50%

Views: 30 DOM: 39 Updated: 09.12.24 Posted: 08.08.24 Status: Active

Summary

Price $2,852,738	Built/Renov 2000	Tenant 7 Brew Coffee
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 530	Lease Start 11-03-2023	#Units 1
Price/SF $5,382.52	Expiration 11-03-2043	Tenant Type Fast Food/QSR
NOI $185,427	R. Term 19.1	Ownership Fee Simple
Rent/SF $349.86	Increases 10.0%/5/yrs	Pop 5Mi 170,459
Lot/AC 0.61	Options 4/5yrs/10%	AHHI 5Mi $70,632

Lease Highlights

7 Brew Coffee has 19+ years remaining on the current lease term with 4 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Franchisee guaranteed lease

Location Description

7 Brew Coffee is strategically located at the signalized, hard corner intersection of Beltline Boulevard and Forest Drive, benefiting from a robust combined daily traffic count of 50,805 vehicles. The property is situated across from Kroger, Columbia Art School, Walgreens, Verizon Wireless, Ace Hardware, and Firestone. Key community educational institutions in the vicinity include Dreher High...

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Key Features

Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Dense 100M+ pop 5 mi
Top 100 MSA
Long 15+ yr lease
Absolute NNN
Personal guarantee

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Links

7 Brew Coffee Wikipedia Columbia, South Carolina Zip Code 29204 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...

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Listing Broker

Dan Hoogesteger

Sands Investment Group

Contact

24 Listings
765 Views
0 Sold

Doug Roland

Sands Investment Group

Contact

14 Listings
854 Views
0 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

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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

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Max Freedman

Sands Investment Group

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56 Listings
2207 Views
0 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

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