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30928190
30928191

2406 Piedmont Pl, Wichita Falls, TX 76308

GH
TX TX 822636
Secure Net Lease
BJ
TX TX 823222
Secure Net Lease
KV
TX 707940
Secure Net Lease
BM
TX 548333
Secure Net Lease
Listed by Secure Net Lease
$1,667,000
84 days on market
Updated 84 days ago

7 Brew Coffee

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 510
Cap Rate 6%
NOI $100,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dunkin' (+6)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/01/2041
Remaining Term 15
Rent Bumps Yes
Lease Options (5), 5-Year Renewal Options
Price per SqFt $3,269
Year Built 2026
Buildings 1
Stories 1
Acreage 0.740
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/01/2026
Ground Lease Yes

6.00% CAP | High Performing Location with Low Rent

Marketing description

  • Brand New Construction 15-Year NNN Ground Lease | 10% Increases Every 5 Years & (5) 5-Year Options

  • High Performing Location with Low Rent | Less than 5% rent to AUV Sales

  • Strong Location | Located on a Signalized Hard Corner (26,000+ VPD) on a Large 0.74 Acre Parcel

  • Less than 0.5 Mile to Midwestern State University | 5,300+ Students

  • Wichita Falls – 102K+ Residents | $2.44B Retail Sales | Strategic North Texas Hub Between DFW & Oklahoma City

Investment highlights

  • Brand New Construction, 15-Year NNN Ground Lease with 10% Every 5 Years, In Primary Terms & (5) 5-Year Options to Renew

  • Strong Location on a Signalized Hard Corner - Situated at the intersection of Piedmont Pl & Kemp Blvd (26,000+ VPD) just off U.S. 277 (40,000+ VPD), one of Wichita Falls’ primary commercial spines connecting the city to Abilene and Oklahoma.

  • Less than 0.5 Mile To Midwestern State University (5,300+ Students) - Located just minutes from Midwestern State University (MSU Texas) (approx. 5,324 students, record freshman classes in 2024 & 2025), positioning the property directly within the university’s daily traffic flow. The site benefits from repeat visits driven by students, faculty, staff, campus events, and growing on-campus housing occupancy.

  • Premier Operator for 7 Brew Coffee - 7 Crew Enterprises is the 2nd Largest operator for 7 Brew in the country with over 70 Locations open and counting. They are strategically implementing a low rent model for all of their locations ensuring their long-term growth and stability.

  • Near Sheppard Air Force Base ($734+ Million Economic Impact) - Wichita Falls is home to Sheppard Air Force Base, supporting more than 6,400 direct employees, 6,100+ average daily students, and generating an estimated $734+ million annual economic impact. The base creates durable, recession-resistant retail demand from military personnel, civilian employees, trainees, and dependents.

  • High Performing Retail & Entertainment Corridor - Surrounded by nationally recognized retailers including Walmart, Sam’s Club, Home Depot, Academy, ALDI, PetSmart, Starbucks, Sonic, Subway, Jason’s Deli, and more. Adjacent demand drivers such as Cinemark 14, Urban Air Adventure Park, Crunch Fitness, and regional medical and service users reinforce this corridor as one of Wichita Falls’ most active consumer destinations.

  • Wichita Falls, TX: Strategic North Texas Regional Hub - A city of 102,000+ residents, strategically positioned between Dallas–Fort Worth and Oklahoma City, with direct connectivity via I-44, U.S. 287, U.S. 277, and U.S. 82. The city generates approximately $2.44 billion in annual retail sales and $422+ million in food service sales, reflecting strong local spending power and sustained support for drive-thru concepts.

Listing Contacts

GH
TX TX 822636
Secure Net Lease
BJ
TX TX 823222
Secure Net Lease
KV
TX 707940
Secure Net Lease
BM
TX 548333
Secure Net Lease
Listed by Secure Net Lease

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$100,000.00
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Additional Information

Name
Graham Hickey
License
TX 822636
Name
Ben Johnson
License
TX 823222
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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