7 Brew Coffee

2230 North Beltline Boulevard, Columbia, SC 29204

$2,852,738

Cap Rate 6.50%

Views: 298 DOM: 135 Updated: 11.11.24 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 18.10	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 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 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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Demographics

	1 Miles	3 Miles	5 Miles
2029 Total Population :	8,834	85,872	175,591
2024 Total Population :	8,683	84,621	173,096
2024 Employed Civilian Pop :	4,237	39,335	81,544
2024 Total Businesses :	498	5,773	9,335
2024 Average Household Income :	$ 126,618	$ 98,270	$ 85,346
2024 Total Consumer Spending :	$ 495 M	$ 3061 M	$ 5590 M
2024 Median Age :	43	33	32
2024 Total Households :	4,493	35,229	73,590
2024 Pop Age 25+: Bachelor's Degree :	2,436	15,253	27,265
2024 Average Home Value :	$ 411,544	$ 379,005	$ 338,333

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Brentwood Drive	Forest Dr	2022	1,250	0.51 mi
East Buchanan Drive	N Beltline Blvd	2022	2,100	0.55 mi
Glenwood Road	Stratford Rd	2022	5,100	0.60 mi
Trenholm Road	Adger Rd	2022	11,000	0.71 mi
Atascadero Drive	Forest Dr	2022	4,700	0.75 mi
Forest Drive	Idalia Dr	2021	25,200	0.76 mi
Forest Drive	Bernardin Ave	2022	26,300	0.76 mi
Harrison Road	Putnam St	2022	1,500	0.78 mi
Butler Street	Longleaf Rd	2022	950	0.80 mi
Covenant Road	N Beltline Blvd	2022	4,300	0.88 mi

Listing Broker

Dan Hoogesteger

Sands Investment Group

Contact

24 Listings
2203 Views
3 Sold

Doug Roland

Sands Investment Group

Contact

16 Listings
2181 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

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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

Contact

60 Listings
5089 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

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