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 |
| |
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,...
...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
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 : | 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 |
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 |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]