Price $2,844,444 | Built/Renov 2023 | Tenant 7 Brew Coffee |
Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
530
| Lease Start
11-01-2022
| #Units
76
|
Price/SF $5,366.88 | Expiration
10-31-2042
| Tenant Type Fast Food/QSR |
NOI $192,000 | R. Term 18.10 | Ownership Fee Simple |
Rent/SF
$362.26
| Increases 10.0%/5/yrs | Pop 5Mi 35,333 |
Lot/AC 0.74 | Options 2/5yrs/10% | AHHI 5Mi $101,367 |
| |
This newly constructed drive thru equipped 7 Brew Coffee is situated at the signalized, hard corner intersection of Bass Road and Starcadia Circle seeing a combined 10,712 vehicles per day. The site is located directly off I-75, a major north-south interstate highway, with over 53,000 vehicles passing daily. 7 Brew Coffee is adjacent to the Shoppes at River Crossing with a strong tenant mix...
...New construction
Signalized intersection
Hard corner intersection
Dense retail corridor
Highway close
Affluent AHHI $100K 5 Mi
Major MSA
Brand new lease
Long 15+ yr lease
50+ unit franchisee backed
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 | |
2028 Total Population : | 3,733 | 16,900 | 40,238 |
2023 Total Population : | 3,862 | 17,118 | 40,341 |
2023 Employed Civilian Pop : | 2,181 | 8,690 | 19,570 |
2023 Total Businesses : | 260 | 738 | 1,624 |
2023 Average Household Income : | $ 116,517 | $ 121,422 | $ 116,226 |
2023 Total Consumer Spending : | $ 174 M | $ 770 M | $ 1683 M |
2023 Median Age : | 36 | 39 | 42 |
2023 Total Households : | 1,745 | 7,427 | 16,988 |
2023 Pop Age 25+: Bachelor's Degree : | 575 | 2,945 | 6,673 |
2023 Average Home Value : | $ 342,467 | $ 316,402 | $ 305,614 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Bass Road | Starcadia Cir | 2019 | 10,700 | 0.07 mi |
New Forsyth Road | Preston Ct | 2021 | 2,510 | 0.27 mi |
Wexford Cir | Chadwick Cir | 2019 | 5,290 | 0.35 mi |
Wexford Cir | Chadwick Cir | 2021 | 5,360 | 0.35 mi |
Bass Road | New Forsyth Rd | 2018 | 3,780 | 0.36 mi |
Chadwick Cir | 2021 | 6,040 | 0.38 mi | |
Bass Rd | 2021 | 1,840 | 0.43 mi | |
I- 75 | Bass Rd | 2019 | 2,160 | 0.44 mi |
Bass Rd | Bowman Rd | 2005 | 9,970 | 0.47 mi |
Bass Rd | Bass Dr | 2016 | 3,780 | 0.61 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]