7 Brew Coffee (GL)

918 West Main Street, Cabot, AR 72023

$1,500,000

Cap Rate 6.00%

Views: 75 Updated: 12.04.23 Posted: 08.02.23 Status: Inactive

Summary

Price $1,500,000	Built/Renov 2023	Tenant 7 Brew Coffee (GL)
Cap Rate 6.00%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 510	Lease Start 09-07-2023	#Units 89
Price/SF $2,941.18	Expiration 08-31-2038	Tenant Type Fast Food/QSR
NOI $90,000	R. Term 13.9	Ownership Ground Lease
Rent/SF $176.47	Increases 10.0%/5/yrs	Pop 5Mi 43,326
Lot/AC 0.67	Options 4/5yrs/10%	AHHI 5Mi $70,186

Lease Highlights

Brand-new construction, 2023
7 Brew executed a brand new 15-year lease with 3 (5 year) options to extend
Lease features a 10% rent increase every 5 years
Absolute NNN lease| Zero landlord responsibilities
Corporate guaranteed lease

Location Description

This newly constructed 7 Brew Coffee is strategically positioned at the hard corner of W Main Street and 10th Street which sees more than 22,000 VPD. The property is located on a 0.67-acre parcel and has excellent ingress/egress and is within a half mile from U.S. Highway 67 which sees over 25,900 VPD. Nearby retailers include Walmart Supercenter, The Home Depot, Walgreens, Dollar General,...

...

Key Features

New construction
Signalized intersection
Hard corner intersection
Near major nationals
Highway location
Top 100 MSA
Affluent suburb location
Brand new lease
Long 15+ yr lease
Corporate Guarantee

...

Links

7 Brew Coffee Wikipedia Cabot, Arkansas Zip Code 72023 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 7 Brew Coffee
Guarantor:Corporate
Company:Brew Culture LLC
# Units:89
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...

...

Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	5,663	27,458	46,291
2023 Total Population :	5,736	26,634	44,532
2023 Employed Civilian Pop :	2,535	12,135	20,491
2023 Total Businesses :	412	833	1,059
2023 Average Household Income :	$ 72,169	$ 89,883	$ 94,513
2023 Total Consumer Spending :	$ 153 M	$ 787 M	$ 1333 M
2023 Median Age :	34	36	37
2023 Total Households :	2,434	10,189	16,446
2023 Pop Age 25+: Bachelor's Degree :	439	3,151	5,219
2023 Average Home Value :	$ 237,357	$ 210,086	$ 220,606

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
West Main Street	N 10th St	2019	22,000	0.03 mi
89	W Main St	2021	24,000	0.05 mi
South 10th Street	W Elm St	2021	1,800	0.10 mi
W Pine St	N 4th St	2016	18,000	0.31 mi
67	Kmart Plz	2021	3,700	0.43 mi
West Main Street	S 3rd St	2021	2,300	0.43 mi
West Saint John Street	Collins St	2021	1,300	0.44 mi
West Main Street	W Pine St	2021	19,000	0.44 mi
W Pine St	N 2nd St	2017	19,000	0.44 mi
67	W Locust St	2021	1,800	0.44 mi

Listing Broker

Eric Carlton

Colliers NNN Group

Contact

180 Listings
23627 Views
62 Sold

Jereme Snyder

Colliers NNN Group

Contact

168 Listings
22006 Views
58 Sold

Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

...

Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

...

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