5879 Stage Rd, Bartlett, TN 38134 For Sale

Fortis Net Lease is pleased to present a brand new construction 7 Brew Coffee Ground Lease Investment opportunity in Memphis (Bartlett), TN. The tenant, 7B Memphis, LLC will sign a new 15 year absolute NNN Ground Lease at the Close of Escrow making this a hands off investment for the Landlord. The lease will include 8.0% increases every 5 years. These increases will also be included in the Four, 5 year option periods. 7B Memphis currently operates 4 units and will have a total of 10 units open by the end of 2026.

The Franchisee is a 30 year multi concept Operator including Taco Bell, Freddy's Frozen Custard, and 7 Brew. They will be operating Fifty (50) 7 Brew locations by year end 2026 in multiple States. Their have agreed to develop and operate a total of 70+ over the next several years in New Mexico, Texas, Kansas, Oklahoma, Tennessee, and Mississippi. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.