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7 Brew Coffee
621 West Oglethorpe Highway, Hinesville, GA 31313
$2,400,000
Cap Rate 6.25%
Summary
| Price $2,400,000 | Built/Renov 2023 | Tenant 7 Brew Coffee |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
400
| Lease Start
12-01-2023
| #Units
22
|
| Price/SF $6,000.00 | Expiration
11-30-2043
| Tenant Type Fast Food/QSR |
| NOI $150,000 | R. Term 19.11 | Ownership Fee Simple |
| Rent/SF
$375.00
| Increases 1.0%/1/yrs | Pop 5Mi 55,282 |
| Lot/AC 2.04 | Options 5/5yrs/1% | AHHI 5Mi $61,377 |
| | |
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 along West Oglethorpe Highway which sees 36,100+ vehicles passing by daily. The property is surrounded by many major national tenants in the immediate area including Dick’s Sporting Goods, Hobby Lobby, Five Below, PetSmart, TJMaxx and more, creating a strong drive to the trade area and promoting crossover traffic to the site. 7-Brew benefits from...
...Features
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New construction
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Dense retail corridor
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Highway location
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Hospital close
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Major MSA
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Brand new lease
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Long 20+ yr lease
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Absolute NNN
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Annual rent increases
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Personal guarantee
...
Maps
Tenant
- Tenant: 7 Brew Coffee
- Guarantor:Franchisee
- Company:7 Venture, Inc.
- # Units:22
- 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...
...
Demographics
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,042 | 32,526 | 52,493 |
| 2023 Total Population : | 4,008 | 32,640 | 52,897 |
| 2023 Employed Civilian Pop : | 1,384 | 11,403 | 17,626 |
| 2023 Total Businesses : | 333 | 1,074 | 1,237 |
| 2023 Average Household Income : | $ 59,605 | $ 60,732 | $ 61,759 |
| 2023 Total Consumer Spending : | $ 79 M | $ 652 M | $ 1018 M |
| 2023 Median Age : | 33 | 31 | 29 |
| 2023 Total Households : | 1,534 | 12,335 | 18,931 |
| 2023 Pop Age 25+: Bachelor's Degree : | 280 | 2,758 | 4,564 |
| 2023 Average Home Value : | $ 174,093 | $ 167,714 | $ 174,799 |
Traffic
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Courtland Drive | Easy St | 2021 | 1,610 | 0.34 mi |
| Courtland Drive | Easy St | 2018 | 1,480 | 0.35 mi |
| Deal Street | Parker Dr | 2018 | 1,530 | 0.40 mi |
| Deal Street | Parker Dr | 2021 | 1,490 | 0.40 mi |
| West Oglethorpe Highway | Link St | 2019 | 33,700 | 0.42 mi |
| West Oglethorpe Highway | Carter St | 2021 | 35,500 | 0.42 mi |
| Deal St | Fagan Rd | 2005 | 3,780 | 0.50 mi |
| Courtland Dr | Wexford Dr | 2005 | 1,470 | 0.52 mi |
| South Main Street | Linda Ct | 2021 | 8,850 | 0.58 mi |
| South Main Street | Linda Ct | 2018 | 9,460 | 0.58 mi |
