Price $1,142,857 | Built/Renov 2022 | Tenant 7 Brew Coffee (GL) |
Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
510
| Lease Start
12-01-2022
| #Units
33
|
Price/SF $2,240.90 | Expiration
11-30-2037
| Tenant Type Fast Food/QSR |
NOI $60,000 | R. Term 13.11 | Ownership Ground Lease |
Rent/SF
$117.65
| Increases 10.0%/4/yrs | Pop 5Mi 66,061 |
Lot/AC 0.70 | Options 4/5yrs/10% | AHHI 5Mi $62,230 |
| |
7 Brew Coffee is strategically located on East Stone Drive, adjacent to US-11, with access to 31,400 vehicles passing by daily. The property enjoys a convenient location in close proximity to the John B Dennis Highway Interchange junction (21,700 VPD). It is strategically situated within a densely populated retail corridor, offering excellent visibility and convenient access points. The...
...New construction
New prototype
Major thoroughfare
Dense retail corridor
Near major nationals
Major MSA
Income tax free state
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 | |
2028 Total Population : | 3,719 | 38,095 | 66,914 |
2023 Total Population : | 3,773 | 37,990 | 66,899 |
2023 Employed Civilian Pop : | 1,331 | 14,171 | 25,704 |
2023 Total Businesses : | 432 | 1,862 | 2,491 |
2023 Average Household Income : | $ 69,425 | $ 70,378 | $ 74,796 |
2023 Total Consumer Spending : | $ 96 M | $ 1047 M | $ 1920 M |
2023 Median Age : | 52 | 47 | 47 |
2023 Total Households : | 1,623 | 16,933 | 29,271 |
2023 Pop Age 25+: Bachelor's Degree : | 602 | 4,790 | 8,789 |
2023 Average Home Value : | $ 248,018 | $ 213,595 | $ 223,815 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
North Eastman Road | Ryder Dr | 2022 | 22,402 | 0.54 mi |
E Stone Dr | Indian Rd | 2003 | 35,220 | 0.61 mi |
East Stone Drive | Indian Rd | 2022 | 31,499 | 0.66 mi |
East Center Street | PkSt | 2022 | 11,753 | 0.87 mi |
East Stone Drive | Waterman Rd | 2022 | 30,101 | 0.97 mi |
US 11W | Waterman Rd | 2021 | 29,540 | 0.97 mi |
Essex Drive | Southcote Dr | 2022 | 1,654 | 0.99 mi |
East Stone Drive | E Stone Dr | 2022 | 25,829 | 1.06 mi |
SR 36;SR 126 | Summer St | 2021 | 17,590 | 1.09 mi |
East Center Street | Commerce St | 2022 | 18,006 | 1.09 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]