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 |
| |
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...
...New construction
Dense retail corridor
Highway location
Hospital close
Major MSA
Brand new lease
Long 20+ yr lease
Absolute NNN
Annual rent increases
Personal guarantee
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 : | 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 |
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 |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]