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31690384
31690385

2665 Navarre Ave, Oregon, OH 43616

SS
KY 271256
SRS Louisville
MZ
MO 2024015589, KY License No. 273791 (+1)
SRS Louisville
JE
KY 306153
SRS Real Estate Partners Louisville
Listed by SRS Louisville, SRS Real Estate Partners Louisville
$1,500,000
55 days on market
Updated 55 days ago

7 Brew

Details
APN 44-21274
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 950
Cap Rate 6%
NOI $90,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7 Brew
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 4, 5-Year
Price per SqFt $1,579
Year Built 2025
Zoning C1: Neighborhood Commercial
Parking Spaces 12 spaces
Parking Per SqFt 12.63
Tenant Credit Franchisee
Ground Lease Yes
Ownership Leased Fee (Land Only)

Retail | 6.00% CAP | 950 SqFt

Investment highlights

  • 15-Year Sale-Leaseback | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Franchisee
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • High Traffic Counts | Strong Frontage Visibility | Dense Retail Corridor | Located Near Multiple Hospitals
  • Strong Demographics in the Immediate Trade Area

Listing Contacts

SS
KY 271256
SRS Louisville
MZ
MO 2024015589, KY License No. 273791 (+1)
SRS Louisville
JE
KY 306153
SRS Real Estate Partners Louisville
Listed by SRS Louisville, SRS Real Estate Partners Louisville

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

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Sarah Shanks
License
BRKP.2023006361 | REC.2024000384
Brokerage
SRS National Net Lease Group
Title
Broker of Record
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