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| Price $1,538,462 | Built/Renov 2024 | Tenant 7 Brew Coffee (GL) |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
510
| Lease Start
06-01-2024
| #Units
1
|
| Price/SF $3,016.59 | Expiration
05-31-2039
| Tenant Type Fast Food/QSR |
| NOI $100,000 | R. Term 14.5 | Ownership Ground Lease |
| Rent/SF
$196.08
| Increases 10.0%/5/yrs | Pop 5Mi 140,432 |
| Lot/AC 0.99 | Options 6/5yrs/10% | AHHI 5Mi $80,582 |
| | |
7 Brew Coffee is strategically located on West Springfield Avenue, with multiple points of entry and access to 17,700 vehicles passing by daily. The property is less than 3 miles from the University of Illinois, the largest university in the state, with over 66,000 students and faculty. Additionally, it is within walking distance from Centennial High, Jefferson Middle, and Westview Elementary...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Strong demographics
Brand new lease
Absolute NNN
Long 10+ yr lease
Personal guarantee
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 11,300 | 97,058 | 139,496 |
| 2024 Total Population : | 11,551 | 96,902 | 139,387 |
| 2024 Employed Civilian Pop : | 6,417 | 45,460 | 66,363 |
| 2024 Total Businesses : | 483 | 4,055 | 5,420 |
| 2024 Average Household Income : | $ 98,504 | $ 83,067 | $ 86,750 |
| 2024 Total Consumer Spending : | $ 474 M | $ 2957 M | $ 4530 M |
| 2024 Median Age : | 37 | 26 | 28 |
| 2024 Total Households : | 5,446 | 40,003 | 58,758 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,706 | 11,073 | 17,111 |
| 2024 Average Home Value : | $ 257,470 | $ 266,998 | $ 262,479 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Mattis Avenue | W Springfield Ave | 2022 | 21,900 | 0.08 mi |
| S Mattis Ave | Round Barn Rd | 2016 | 22,300 | 0.10 mi |
| South Mattis Avenue | W White St | 2022 | 21,900 | 0.11 mi |
| W Springfield Ave | S Fair St | 2017 | 13,800 | 0.11 mi |
| S Mattis Ave | W Green St | 2016 | 22,100 | 0.20 mi |
| West Clark Street | S Mattis Ave | 2018 | 23,000 | 0.22 mi |
| IL 10 | S Mattis Ave | 2021 | 14,900 | 0.23 mi |
| Round Barn Rd | Crescent Dr | 2016 | 2,400 | 0.23 mi |
| West University Avenue | S Lynn St | 2022 | 4,500 | 0.28 mi |
| W University Ave | 2022 | 21,300 | 0.29 mi |
Sallisaw, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 510
Cabot, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 510
Odessa, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 510
Red Oak, TX
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 550
Searcy, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 1,255
San Angelo, TX
Cap Rate 6.15%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 510
Ardmore, OK
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 550
Bismarck, ND
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,788
Prescott Valley, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 600
Marion, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 510
Ruston, LA
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 510
Lebanon, VA
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,878
Thief River Falls, MN
Cap Rate 6.75%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 2,466
Millington, TN
Cap Rate 6.74%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 664
Urbana, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 510
Lancaster, OH
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 530
Olive Branch, MS
Cap Rate 7.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 616
Hermitage, TN
Cap Rate 5.55%
Lease Abs NNN
R. Term 0.60 yrs
Size/SF 2,795
Hope Hull, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,322
Memphis, TN
Cap Rate 7.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 664
Springfield, OH
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 510
San Antonio, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 304
Mount Vernon, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 510
Scottsboro, AL
Cap Rate 5.68%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 1,800
Montrose, CO
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 510
Hueytown, AL
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,108
Covington, TN
Cap Rate 6.80%
Lease Abs NNN
R. Term 9.70 yrs
Size/SF 664
Pensacola, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 510
Clinton, IL
Cap Rate 7.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 664
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
