323-114, LEVELLAND, TX 79336

Faris Lee Investments is pleased to present the opportunity to acquire a brand new, dual drive-thru 7 Brew Coffee property located in Texas. The subject property is strategically positioned adjacent to the dominant Walmart Supercenter in Levelland TX on State Highway 114, the primary east-west thoroughfare which connects Levelland TX to Lubbock TX. The offering is secured by a brand-new 15-year Absolute NNN ground lease featuring 10% rental increases every five years, providing an investor with both a strong hedge against inflation and increasing cash flow every five years during the lease term. With zero landlord responsibilities, this asset is ideally suited for a passive or out-of-state investor seeking a management-free QSR investment property in a pro-business, income-tax-free state.

The subject property is positioned next to Walmart Supercenter, which generated 1.5 million annual visits (Placer.ai) in the last 12 months. QSR tenants and retailers flank Walmart including Murphy USA (479,400 visits; Placer.ai), Braum’s (352,400 visits; Placer.ai), HTeaO, Slim Chickens, and Taco Bell, and more. The trade area draws consumers from a 25-mile radius (109,500 residents) including communities around Levelland and eastern Lubbock TX. The site is also within walking distance of Levelland High School and nearby South Plains College (approx. 8,880 students). Lubbock-Levelland Combined Statistical Area combines to create a region with more than 380,000+ residents, one of the largest cotton-producing regions in the United States, and is home to Texas Tech University (40,000+ students). The state of Texas ranks #1 in the United States for job growth, produces a $2.7 trillion economy, and offers no state income tax. This offering represents a premier opportunity to acquire a brand-new, Absolute NNN 7 Brew Coffee investment property in one of West Texas’ most strategically positioned markets.