Price $1,647,000 | Built/Renov 2023 | Tenant 7 Brew Coffee |
Cap Rate 6.45% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
550
| Lease Start
05-01-2024
| #Units
1
|
Price/SF $2,994.55 | Expiration
04-30-2039
| Tenant Type Fast Food/QSR |
NOI $106,200 | R. Term 15.4 | Ownership Fee Simple |
Rent/SF
$193.09
| Increases 10.0%/5/yrs | Pop 5Mi 17,494 |
Lot/AC 0.42 | Options 3/5yrs/10% | AHHI 5Mi $52,838 |
| |
This brand-new, double drive-thru 7 Brew is conveniently located on a hard corner along N. Main St./Route 66 which sees 17,300+ vehicles passing by daily. The site benefits from being surrounded by many national tenants, including Walmart, Harps, Dollar Tree, Harbor Freight Tools, Advance Auto Pats, and many others, creating a strong consumer drive to the trade area. Additionally, it benefits...
...New construction
Hard corner intersection
Near major nationals
Strategically located
Highway location
Strong tenant synergy
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 : | 7,041 | 13,150 | 16,937 |
2023 Total Population : | 7,174 | 13,380 | 17,169 |
2023 Employed Civilian Pop : | 3,056 | 5,782 | 7,687 |
2023 Total Businesses : | 279 | 699 | 802 |
2023 Average Household Income : | $ 50,210 | $ 54,070 | $ 56,400 |
2023 Total Consumer Spending : | $ 135 M | $ 252 M | $ 336 M |
2023 Median Age : | 36 | 38 | 39 |
2023 Total Households : | 3,059 | 5,309 | 6,779 |
2023 Pop Age 25+: Bachelor's Degree : | 502 | 995 | 1,361 |
2023 Average Home Value : | $ 97,389 | $ 117,260 | $ 133,683 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
13th Avenue Northwest | N Main St | 2019 | 10,100 | 0.08 mi |
North Main Street | 11th Ave NW | 2018 | 15,700 | 0.10 mi |
North Main Street | N Main St | 2019 | 16,200 | 0.10 mi |
West Bj Tunnell Boulevard | A St NW | 2018 | 2,900 | 0.26 mi |
West Bj Tunnell Boulevard | C St NW | 2019 | 2,900 | 0.30 mi |
Coyne Avenue | D St NW | 2019 | 100 | 0.31 mi |
East Street Northeast | 10th Ave NE | 2019 | 1,300 | 0.35 mi |
East Bj Tunnel Boulevard | D St NE | 2019 | 2,700 | 0.36 mi |
East Street Northeast | 10th Ave NE | 2018 | 1,300 | 0.37 mi |
D Street Northeast | E Bj Tunnell Blvd | 2019 | 5,200 | 0.42 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]