Price $1,416,667 | Built/Renov 2023 | Tenant 7 Brew Coffee (GL) |
Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
1,255
| Lease Start
04-01-2023
| #Units
10
|
Price/SF $1,128.82 | Expiration
03-31-2038
| Tenant Type Fast Food/QSR |
NOI $85,000 | R. Term 14.3 | Ownership Ground Lease |
Rent/SF
$67.73
| Increases 10.0%/5/yrs | Pop 5Mi 30,100 |
Lot/AC 0.57 | Options 4/5yrs/10% | AHHI 5Mi $62,340 |
| |
This 7 Brew Coffee is strategically located at the hard corner intersection of East Race Avenue and Willow Street with access to 21,000 vehicles per day. The property benefits from significant street frontage creating excellent visibility for the site. 7 Brew Coffee is ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including Starbucks, Big Lots,...
...New construction
Hard corner intersection
Dense retail corridor
Near major nationals
Strategically located
Highway location
Brand new lease
Long 15+ yr lease
Absolute NNN
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 : | 3,485 | 15,138 | 29,413 |
2023 Total Population : | 3,579 | 15,369 | 29,737 |
2023 Employed Civilian Pop : | 1,386 | 5,234 | 11,674 |
2023 Total Businesses : | 345 | 1,149 | 1,456 |
2023 Average Household Income : | $ 73,760 | $ 59,531 | $ 67,011 |
2023 Total Consumer Spending : | $ 104 M | $ 308 M | $ 675 M |
2023 Median Age : | 52 | 33 | 36 |
2023 Total Households : | 1,615 | 5,880 | 11,465 |
2023 Pop Age 25+: Bachelor's Degree : | 338 | 1,133 | 2,724 |
2023 Average Home Value : | $ 245,361 | $ 188,275 | $ 217,194 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
East Race Avenue | Rand Dr | 2021 | 21,000 | 0.10 mi |
E Race Ave | N Rand Dr | 2017 | 22,000 | 0.12 mi |
East Moore Avenue | Willow St | 2021 | 3,800 | 0.17 mi |
67 | E Race Ave | 2021 | 4,100 | 0.23 mi |
67 | E Race Ave | 2021 | 4,200 | 0.31 mi |
US 67B | US Hwy 67 | 2021 | 4,200 | 0.34 mi |
US 67B | E Moore Ave | 2021 | 4,700 | 0.38 mi |
E Race Ave | Ferren Trl | 2017 | 10,000 | 0.54 mi |
US 64;US 67;US 167 | E PkAve | 2021 | 23,000 | 0.55 mi |
East Race Avenue | Ferren Trl | 2021 | 10,000 | 0.56 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]