Price $1,950,000 | Built/Renov 2023 | Tenant 7 Brew Coffee |
Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
510
| Lease Start
06-01-2023
| #Units
40
|
Price/SF $3,823.53 | Expiration
05-31-2038
| Tenant Type Fast Food/QSR |
NOI $117,000 | R. Term 14.5 | Ownership Fee Simple |
Rent/SF
$229.41
| Increases 10.0%/5/yrs | Pop 5Mi 63,498 |
Lot/AC 0.62 | Options 4/5yrs/10% | AHHI 5Mi $17,764 |
| |
This newly constructed 7 Brew is strategically located near the signalized, hard corner intersection of North Lebanon Street and Lakeshore Drive, with access to more than 17,570 vehicles passing by daily. The property is adjacent to several major national credit/tenants including Walmart, ALDI, Tractor Supply, and many more, drawing consumers to the immediate trade area. The 5-mile trade is...
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Strategically located
Strong tenant synergy
Brand new lease
Long 15+ yr lease
Absolute NNN
25+ 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 : | 5,136 | 18,721 | 20,554 |
2023 Total Population : | 4,907 | 17,886 | 19,652 |
2023 Employed Civilian Pop : | 2,785 | 10,012 | 10,907 |
2023 Total Businesses : | 175 | 669 | 738 |
2023 Average Household Income : | $ 110,214 | $ 92,111 | $ 94,212 |
2023 Total Consumer Spending : | $ 213 M | $ 614 M | $ 674 M |
2023 Median Age : | 42 | 40 | 41 |
2023 Total Households : | 2,245 | 7,682 | 8,263 |
2023 Pop Age 25+: Bachelor's Degree : | 854 | 2,479 | 2,763 |
2023 Average Home Value : | $ 355,859 | $ 288,182 | $ 296,387 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Local | Viceroy Ln | 2020 | 3,096 | 0.28 mi |
West 250 North | N Lebanon St | 2021 | 3,294 | 0.28 mi |
East 250 North | W 250 N | 2018 | 3,085 | 0.34 mi |
North Lebanon Street | W Maple Dr | 2021 | 15,613 | 0.47 mi |
SR 39 | Crown Pointe Dr | 2021 | 6,981 | 0.48 mi |
39 | W 725 N | 2020 | 6,561 | 0.48 mi |
E 250 N | Golfside Dr | 2018 | 3,050 | 0.51 mi |
Elm Swamp Road | Golfside Dr | 2021 | 2,838 | 0.59 mi |
Local | Countryside Dr | 2020 | 2,667 | 0.59 mi |
Elm Swamp Road | Golfside Dr | 2018 | 3,503 | 0.60 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]