Price $1,830,000 | Built/Renov 2023 | Tenant 7 Brew Coffee |
Cap Rate 6.45% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
550
| Lease Start
12-01-2023
| #Units
1
|
Price/SF $3,327.27 | Expiration
12-01-2038
| Tenant Type Fast Food/QSR |
NOI $118,000 | R. Term 14.11 | Ownership Fee Simple |
Rent/SF
$214.55
| Increases 10.0%/5/yrs | Pop 5Mi 18,273 |
Lot/AC 0.93 | Options 3/5yrs/10% | AHHI 5Mi $64,079 |
| |
This newly constructed, double drive-thru 7 Brew boasts fantastic placement along Highway 62 (20,000+ VPD), and benefits from being the only standalone national coffee retailer in the city. The property is adjacent to a Hobby Lobby anchored shopping center, as well as the #1 most frequently visited Big Lots store location in the state, the #10 most frequently visited Taco Bell location in the...
...New construction
Build to suit
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 : | 5,098 | 16,863 | 22,634 |
2023 Total Population : | 5,128 | 16,836 | 22,590 |
2023 Employed Civilian Pop : | 1,918 | 6,487 | 8,659 |
2023 Total Businesses : | 683 | 1,206 | 1,384 |
2023 Average Household Income : | $ 66,815 | $ 66,606 | $ 66,785 |
2023 Total Consumer Spending : | $ 147 M | $ 458 M | $ 610 M |
2023 Median Age : | 48 | 52 | 54 |
2023 Total Households : | 2,519 | 7,858 | 10,400 |
2023 Pop Age 25+: Bachelor's Degree : | 564 | 1,980 | 2,630 |
2023 Average Home Value : | $ 197,082 | $ 204,621 | $ 209,646 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
US 62B | Thorn St | 2021 | 21,000 | 0.03 mi |
Spring Street | Russell St | 2021 | 180 | 0.12 mi |
Russell Street | Cedar St | 2021 | 640 | 0.24 mi |
US Hwy 62 | Russell St | 2002 | 20,000 | 0.24 mi |
North College Street | E North St | 2021 | 3,900 | 0.25 mi |
North College Street | Market St | 2021 | 3,100 | 0.27 mi |
North College Street | Ray St | 2021 | 7,300 | 0.31 mi |
East North Street | N Church St | 2021 | 3,400 | 0.34 mi |
North Cardinal Drive | Bluebird Ln | 2021 | 7,400 | 0.35 mi |
East 1st Street | Dixie Ct | 2021 | 2,100 | 0.35 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]