Listed by Summit Real Estate
$1,425,000
Brevity Coffee
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 304
Cap Rate 6.50%
NOI $92,352
Occupancy 100%
Tenancy Single
Brand/Tenant Brevity Coffee
Lease Type Absolute NNN
Price per SqFt $4,688
Year Built 2024
Buildings 1
Stories 1
Acreage 0.380
Ground Lease Yes
Retail | 6.50% CAP | 304 SqFt
Investment highlights
Absolute NNN ground lease with zero landlord responsibilities
Brand new 15-year lease with two 5-year extension options
1.5% annual rent increases throughout the base term
Personal guaranty by tenant
Brand new 2024 construction with drive-thru configuration
Positioned on a signalized intersection on high-traffic retail corridor
Daily-use coffee concept supported by steady consumer demand and upward sales trends
Close Proximity to Walmart Supercenter and national retailers including H-E-B, McDonald’s, Raising Cane’s, and Dollar General
Dense infill trade area with 357,000+ residents within five miles
Listing Contacts
Listed by Summit Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$92,352.00
$7,696.00/mo
Valuation Metrics
0
DSCR
6.48%
Cap Rate
6.48%
ROI
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