7 Brew Coffee (GL)

2980 Scottsville Road, Bowling Green, KY 42104

$1,769,000

Cap Rate 6.50%

Views: 65 DOM: 56 Updated: 10.08.24 Posted: 10.08.24 Status: Active

Summary

Price $1,769,000	Built/Renov 2022	Tenant 7 Brew Coffee (GL)
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 510	Lease Start 10-17-2022	#Units 1
Price/SF $3,468.63	Expiration 10-31-2037	Tenant Type Fast Food/QSR
NOI $115,000	R. Term 12.11	Ownership Ground Lease
Rent/SF $225.49	Increases 10.0%/5/yrs	Pop 5Mi 97,578
Lot/AC 1.54	Options 4/5yrs/10%	AHHI 5Mi $71,876

Marvin DeLaura

Fortis Net Lease

Contact

Lease Highlights

New 2022 construction
7 Brew Coffee has 13 years remaining on the current ground lease term with 4 (5-year) options to extend
The lease features 10% rental increases throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Personally guaranteed lease

Location Description

7 Brew Coffee is strategically located on Scottsville Road, with access to 32,000 vehicles passing by daily. The property is positioned across from Kroger and Sam's Club and is adjacent to Greenwood Mall. The surrounding area includes prominent national retailers such as Big Lots!, Great Clips, Hobby Lobby, and more. The 5-mile trade area serves a population of 97,578 residents, with an...

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Key Features

New construction
Dense retail corridor
Near major nationals
Strategically located
Freeway close
Recently extended lease
Absolute NNN
Long 10+ yr lease
Personal guarantee

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Links

7 Brew Coffee Wikipedia Bowling Green, Kentucky Zip Code 42104 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Franchisee
Company:Larry Wilson
# 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

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