✖
7 Brew Coffee (GL)
918 West Main Street, Cabot, AR 72023
$1,500,000
Cap Rate 6.00%
Summary
| Price $1,500,000 | Built/Renov 2023 | Tenant 7 Brew Coffee (GL) |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
510
| Lease Start
09-07-2023
| #Units
89
|
| Price/SF $2,941.18 | Expiration
08-31-2038
| Tenant Type Fast Food/QSR |
| NOI $90,000 | R. Term 14.8 | Ownership Ground Lease |
| Rent/SF
$176.47
| Increases 10.0%/5/yrs | Pop 5Mi 43,326 |
| Lot/AC 0.67 | Options 4/5yrs/10% | AHHI 5Mi $70,186 |
| | |
Lease Highlights
- Brand-new construction, 2023
- 7 Brew executed a brand new 15-year lease with 3 (5 year) options to extend
- Lease features a 10% rent increase every 5 years
- Absolute NNN lease| Zero landlord responsibilities
- Corporate guaranteed lease
Location Description
This newly constructed 7 Brew Coffee is strategically positioned at the hard corner of W Main Street and 10th Street which sees more than 22,000 VPD. The property is located on a 0.67-acre parcel and has excellent ingress/egress and is within a half mile from U.S. Highway 67 which sees over 25,900 VPD. Nearby retailers include Walmart Supercenter, The Home Depot, Walgreens, Dollar General,...
...Features
-
New construction
-
Signalized intersection
-
Hard corner intersection
-
Near major nationals
-
Highway location
-
Top 100 MSA
-
Affluent suburb location
-
Brand new lease
-
Long 15+ yr lease
-
Corporate Guarantee
...
Maps
Tenant
- Tenant: 7 Brew Coffee
- Guarantor:Corporate
- Company:Brew Culture LLC
- # Units:89
- 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 : | 5,663 | 27,458 | 46,291 |
| 2023 Total Population : | 5,736 | 26,634 | 44,532 |
| 2023 Employed Civilian Pop : | 2,535 | 12,135 | 20,491 |
| 2023 Total Businesses : | 412 | 833 | 1,059 |
| 2023 Average Household Income : | $ 72,169 | $ 89,883 | $ 94,513 |
| 2023 Total Consumer Spending : | $ 153 M | $ 787 M | $ 1333 M |
| 2023 Median Age : | 34 | 36 | 37 |
| 2023 Total Households : | 2,434 | 10,189 | 16,446 |
| 2023 Pop Age 25+: Bachelor's Degree : | 439 | 3,151 | 5,219 |
| 2023 Average Home Value : | $ 237,357 | $ 210,086 | $ 220,606 |
Traffic
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West Main Street | N 10th St | 2019 | 22,000 | 0.03 mi |
| 89 | W Main St | 2021 | 24,000 | 0.05 mi |
| South 10th Street | W Elm St | 2021 | 1,800 | 0.10 mi |
| W Pine St | N 4th St | 2016 | 18,000 | 0.31 mi |
| 67 | Kmart Plz | 2021 | 3,700 | 0.43 mi |
| West Main Street | S 3rd St | 2021 | 2,300 | 0.43 mi |
| West Saint John Street | Collins St | 2021 | 1,300 | 0.44 mi |
| West Main Street | W Pine St | 2021 | 19,000 | 0.44 mi |
| W Pine St | N 2nd St | 2017 | 19,000 | 0.44 mi |
| 67 | W Locust St | 2021 | 1,800 | 0.44 mi |
