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Views: 25 DOM: 51 Updated: 04.26.24 Posted: 04.06.24 Status: Active

Summary

Price $1,769,500
Built/Renov 2023
Tenant 7 Brew Coffee (GL)
Cap Rate 6.50%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 510
Lease Start 12-01-2023
#Units 2
Price/SF $3,469.61
Expiration 12-01-2043
Tenant Type Fast Food/QSR
NOI $115,000
R. Term 19.6
Ownership Ground Lease
Rent/SF $225.49
Increases 10.0%/5/yrs
Pop 5Mi 66,095
Lot/AC 0.36
Options 4/5yrs/10%
AHHI 5Mi $104,159

Lease Highlights

  • Brand-new 2023 construction
  • 7 Brew coffee has 19+ years remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Brew Culture Franchise, LLC

Location Description

7 Brew Coffee is strategically located at the signalized, hard-corner intersection of U.S. Route 80/West Government Street, a major east-west thoroughfare, with access to a combined daily traffic count of 28,270 vehicles. Adjacent to Interstate 20, one of the primary US Interstates boasting 42,250 VPD, the property offers exceptional accessibility. Moreover, it is conveniently situated less...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: 7 Brew Coffee
  • Guarantor:Franchisee
  • Company:Brew Culture Franchise, LLC
  • # Units:2
  • 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...


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Traffic

Collection Street Cross Street Year Traffic Vol Distance
Cross Park Drive el Dorado Rd 2021 5,200 0.58 mi
Cross Park Drive el Dorado Rd 2018 6,400 0.58 mi
Old Brandon Rd el Pine Rd 2009 7,000 0.64 mi
Hwy 80 E Excell Dr 2009 22,000 0.64 mi
Sunshine Dr 2018 29,000 0.69 mi
Hwy 80 E Sunshine Dr 2009 32,000 0.69 mi
Belvedere Dr 2021 25,000 0.69 mi
I-20 Crossgates Blvd 2021 71,000 0.72 mi
Old Brandon Road el Pine Rd 2021 8,900 0.72 mi
Excell Circle Walden Pond Dr 2021 50 0.75 mi

Listing Broker

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