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7 Brew Coffee
650 Highway 62 E, Mountain Home, AR 72653
$1,830,000
Cap Rate 6.45%
Summary
| 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 |
| | |
Lease Highlights
- Brand new 2023 construction
- 7 Brew will be signing a brand-new 15-year lease with 3 (5-year) options at the close of escrow
- Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
- Absolute NNN | Zero landlord responsibilities
Location Description
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...
...Features
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New construction
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Build to suit
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Dense retail corridor
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Near major nationals
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Strategically located
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Highway location
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Brand new lease
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Long 15+ yr lease
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Absolute NNN
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Personal guarantee
...
Maps
Tenant
- Tenant: 7 Brew Coffee
- Guarantor:Franchisee
- Company:Franchisee
- # Units:1
- 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 : | 5,098 | 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 |
Traffic
| 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 |
