Listed by Read King Commercial Real Estate
$1,304,347
7 Brew
Details
Property Type Retail
Sub Type Restaurant, Commercial
Square Footage 500
Cap Rate 5.75%
NOI $75,000
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Year Built 2024
Lot Size (SqFt) 26,789
Ground Lease Yes
Retail | 5.75% CAP | 500 SqFt
Marketing description
NNN 7 Brew Ground Lease
Investment highlights
- Long term, absolute ground lease
- Brand new construction
- 15-year primary term
- 10% rent increases every 5 years
- Located in one of the fastest growing counties in Texas
- Excellent traffic exposure along FM 1488 and carrying ±55,000 VPD
- Rapidly growing coffee chain with more than 150 locations in 14 states
- $2.4 AUV
Listing Contacts
Listed by Read King Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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