loader
Join Free
Views: 61 DOM: 52 Updated: 10.30.24 Posted: 10.12.24 Status: Active

Summary

Price $1,667,000
Built/Renov 2024
Tenant 7 Brew Coffee (GL)
Cap Rate 6.00%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 510
Lease Start 12-01-2024
#Units 40
Price/SF $3,268.63
Expiration 12-31-2044
Tenant Type Fast Food/QSR
NOI $100,000
R. Term 20.1
Ownership Ground Lease
Rent/SF $196.08
Increases 10.0%/5/yrs
Pop 5Mi 12,215
Lot/AC 0.71
Options 4/5yrs/10%
AHHI 5Mi $54,183

Lease Highlights

  • Brand new 2024 construction
  • New 20-year ground lease term with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the base term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by 7 Venture, Inc. (40 units backed)

Location Description

7 Brew Coffee is strategically located on S Kerr Boulevard, with access to 12,460 vehicles passing by daily. The property is conveniently adjacent to a new Whataburger and Taco Bell, with nearby prominent national tenants such as Subway, Walmart, and McDonald's. Surrounding schools include North Farmington High School, Warner Middle School, and Kenbrook Elementary School. The 5-mile trade area...

...

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...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity