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7 Brew Coffee

Low Rent | 15-Year Absolute NNN Ground Lease | Largest Franchisee in System

Listing Contacts

Active

Asking Price: $1,500,000
Address 

6536 Chippewa St, St. Louis, MO 63109

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Date Added
Dec 20, 2024
Days on Market
88 days
Time Since Last Update
88 days

Details

Property TypeRetail
SubtypeQSR/Fast Food
Investment TypeNet Lease
Lease TypeAbsolute NNN
TenancySingle
Lease Term15 years
Lease Commencement08/01/2024
Lease Expiration07/31/2039
Remaining Term14.4 years
Square Footage510
Net Rentable (sq ft)510
Price/Sq Ft$2,941.18
Cap Rate6.00%
Occupancy100%
NOI$90,000
Units1
Year Built2024
Buildings1
Stories1
Lot Size (acres)0.38
Rent Bumps10% every 5 years
Lease Options3, 5 year options
OwnershipAbsolute NNN

Marketing Description

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase the ground lease interest in a brand new 7 Brew Coffee (“7 Brew”) located in St.​ Louis, MO (“The Property”).​ The Property consists of a 510-square-foot freestanding retail building on a 0.38-acre parcel of land.​ The Property is brand new 2024 construction and features 7 Brew’s latest modular, prefabricated 510-square-foot prototype featuring a double lane drive-thru.​ 7 Brew is operating under a brand new fifteen (15) year absolute NNN ground lease with zero landlord responsibilities.​ Additionally, the lease features 10% rental increases every five (5) years providing investors with a hedge against inflation.​

Investment Highlights

  • Low Rent Creating Excellent Residual Value

  • 2024 Construction Featuring 7 Brew’s Latest Drive-Thru Prototype

  • Dense Urban Infill Location Experiencing 30,000 Vehicles Per Day

  • Drive-Thru Only Coffee Concept with Growing Popularity & Fan Base

  • 2023 Franchisee of the Year w/ Outstanding Average Unit Volumes

  • 2023 Breakout Brand of the Year - QSR Magazine

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,000.00
$7,500.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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