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Views: 72 DOM: 140 Updated: 05.07.24 Posted: 11.10.23 Status: Sold 03.29.24

Summary

Price $2,281,879 $2,720,000
Built/Renov 2023
Tenant 7 Brew Coffee
Cap Rate 7.45% 6.25%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 400
Lease Start 12-01-2023
#Units 22
Price/SF $5,704.70 $6,800.00
Expiration 11-30-2043
Tenant Type Fast Food/QSR
NOI $170,000
R. Term 19.4
Ownership Fee Simple
Rent/SF $425.00
Increases 1.0%/1/yrs
Pop 5Mi 45,753
Lot/AC 0.87
Options 5/5yrs/1%
AHHI 5Mi $91,613

Lease Highlights

  • Brand-new 2023 construction
  • 7 Brew Coffee recently signed a brand-new 20-year lease with 4 (5-year) options to extend
  • Lease features 1% annual rental increase throughout the initial term and options
  • Absolute NNN | Zero landlord responsibilities
  • Personally guaranteed by 7 Ventures Inc- Largest 7 Brew franchisee

Location Description

This brand-new 7 Brew is strategically located on Pooler Avenue which sees 31,300 vehicles per day. It is also within close proximity to Highway 405/95 which boasts an additional 96,500 vehicles passing by daily. The property is surrounded by many major national tenants including Sam’s Club, The Home Depot, Walmart Supercenter, T.J. Maxx, Ross Dress for Less, Michaels, and many others,...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

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...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 3,996 24,457 58,914
2023 Total Population : 4,062 23,414 56,082
2023 Employed Civilian Pop : 1,820 11,602 27,270
2023 Total Businesses : 594 1,216 1,888
2023 Average Household Income : $ 107,724 $ 112,631 $ 113,397
2023 Total Consumer Spending : $ 168 M $ 931 M $ 2080 M
2023 Median Age : 38 36 36
2023 Total Households : 1,823 9,576 21,291
2023 Pop Age 25+: Bachelor's Degree : 655 3,967 9,688
2023 Average Home Value : $ 303,001 $ 283,159 $ 305,571
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Pooler Pkwy Traders Way 2012 18,410 0.42 mi
Pooler Parkway Isaac G Laroche Dr 2021 30,400 0.54 mi
Pooler Parkway Isaac G Laroche Dr 2019 31,400 0.54 mi
I- 95 Pooler Pkwy 2021 11,900 0.79 mi
2012 4,820 0.86 mi
I- 95 2021 12,200 0.87 mi
Cliff Court Cliff Ct 2021 10 0.92 mi
Cliff Court Cliff Ct 2019 50 0.92 mi
I- 95 Airways Ave 2012 70,130 0.98 mi
I- 95 2021 6,300 0.99 mi

Listing Broker

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