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Views: 81 DOM: 47 Updated: 11.07.24 Posted: 10.17.24 Status: Active

Summary

Price $1,584,000
Built/Renov 2025
Tenant 7 Brew Coffee (GL)
Cap Rate 5.75%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 510
Lease Start 01-01-2025
#Units 25
Price/SF $3,105.88
Expiration 12-31-2034
Tenant Type Fast Food/QSR
NOI $91,100
R. Term 10.1
Ownership Ground Lease
Rent/SF $178.63
Increases 10.0%/5/yrs
Pop 5Mi 158,444
Lot/AC 0.97
Options 5/5yrs/10%
AHHI 5Mi $80,407

Lease Highlights

  • Brand new 2025 construction
  • New 10-year ground lease with 5 (5-year) options to extend
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease is guaranteed by 7Crew Enterprises, LLC which currently has 25 units open with exclusive rights to parts of TX, FL, CO, NM, and OK | Speak with Agent for details

Location Description

7 Brew Coffee is strategically located at the signalized, hard corner intersection of Davis Highway and Brent Lane, with access to a substantial combined daily traffic count of 71,570 vehicles. The property is an outparcel to a Home Depot-anchored shopping center and is adjacent to the newly constructed Smalls Sliders. The site is also within walking distance of Cordova Mall, the largest and...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

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

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