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| Price $2,571,400 | Built/Renov 2024 | Tenant 7 Brew Coffee |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
510
| Lease Start
02-01-2024
| #Units
50
|
| Price/SF $5,041.96 | Expiration
02-01-2039
| Tenant Type Fast Food/QSR |
| NOI $173,572 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$340.34
| Increases 10.0%/5/yrs | Pop 5Mi 151,106 |
| Lot/AC 0.96 | Options 4/5yrs/10% | AHHI 5Mi $63,809 |
| | |
7 Brew Coffee is strategically located at the signalized, hard corner intersection of N Monroe Street/US Hwy 27 and Meginnis Arm Road, with a combined daily traffic count of 47,074 vehicles. In the vicinity of the property is Hwy 10, along with nearby motels including Red Roof Inn and Days Inn. Additionally, the area hosts nearby national tenants, such as Shell, Cracker Barrel, KFC, and more....
...New construction
Highway location
Dense 100M+ pop 5 mi
Major MSA
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
Personal guarantee
50+ unit franchisee backed
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 : | 7,078 | 85,791 | 158,862 |
| 2023 Total Population : | 6,936 | 86,165 | 157,506 |
| 2023 Employed Civilian Pop : | 4,297 | 47,114 | 84,745 |
| 2023 Total Businesses : | 303 | 3,377 | 9,819 |
| 2023 Average Household Income : | $ 77,881 | $ 73,093 | $ 73,604 |
| 2023 Total Consumer Spending : | $ 211 M | $ 2283 M | $ 4337 M |
| 2023 Median Age : | 29 | 25 | 27 |
| 2023 Total Households : | 3,097 | 35,521 | 67,047 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,182 | 12,435 | 24,331 |
| 2023 Average Home Value : | $ 267,428 | $ 317,086 | $ 313,002 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Callaway Rd | Hospitality St | 2011 | 6,558 | 0.07 mi |
| North Monroe Street | Meginnis Arm Rd | 2022 | 38,000 | 0.09 mi |
| North Monroe Street | Callaway Rd | 2021 | 39,000 | 0.09 mi |
| Meginnis Arm Rd | 2022 | 6,400 | 0.12 mi | |
| W Lakeshore Dr | N Monroe St | 2011 | 7,548 | 0.19 mi |
| Pullen Rd | 2022 | 6,900 | 0.29 mi | |
| I-10/SR-8 EB | 2021 | 7,200 | 0.29 mi | |
| N Monroe St | 2022 | 13,000 | 0.31 mi | |
| I- 10 | 2022 | 4,800 | 0.33 mi | |
| 2020 | 3,900 | 0.33 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
