Listed by Mid-America Real Estate, Mid America Real Estate Milwaukee
$1,210,000
3305 W College Ave
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 510
Cap Rate 6.20%
NOI $75,000
Tenancy Single
Lease Type NNN
Lease Expiration 06/30/2036
Rent Bumps Yes
Year Built 2026
Buildings 1
Acreage 0.770
Investment Type Net Lease
Ground Lease Yes
Retail | 6.20% CAP | 510 SqFt
Marketing description
Mid-America Real Estate has been retained on behalf of the owner to sell the 100% simple interest in the 510 square foot, freestanding 7 Brew located at 3305 W College Ave, Appleton, WI. The subject offering features a 10-year NNN ground lease located in a top-tier regional retail node.
Investment highlights
- 10 YEAR NNN GROUND LEASE | 10% ESCALATIONS EVERY 5 YEARS - The subject property features an absolute NNN ground lease with 7 Brew, providing an investor with a passive income stream with zero landlord responsibilities. The lease carries 10 years of remaining term with 10% rent escalations every five years throughout the base term and all option periods.
- GROWING OPERATOR | PREDOMINANT WISCONSIN FRANCHISEE - 7 Brew Coffee is one of the fastest-growing drive-thru beverage brands in the country. Launched in 2017 in Rogers, Arkansas, the concept runs on a compact, drive-thru-only format centered on specialty coffee and energy drinks. The brand has scaled quickly through franchising, building a rapidly expanding national presence across a growing number of markets. With a differentiated product lineup and a loyal, repeat customer base, 7 Brew has cemented its standing as a leading emerging player in the quick-service drive-thru space. The subject property is operated by Milbrew, LLC, the predominant 7 Brew franchisee in Wisconsin. Milbrew currently operates 11 locations across the state, with an additional 7 units under construction.
- PREMIER RETAIL NODE | TOP 3% IN STATE OF WISCONSIN (PER PLACER.AI) - The subject property is situated within a dominant retail node that ranks in the top 5% nationally and the top 3% within the state of Wisconsin, generating 20.6M visits over the trailing 12 months (per Placer.ai). The property sits directly adjacent to the Fox River Mall, the #2 mall in Wisconsin, drawing 7.3M visitors over the same period (per placer.ai), which serves as the primary retail anchor for the greater Fox Valley region. The surrounding College Avenue corridor is home to a deep roster of national retailers, including Harbor Freight, Texas Roadhouse, Starbucks, Chick-fil-A, and Planet Fitness, among others, creating a powerful concentration of complementary traffic generators.
- EXCELLENT POSITIONING | STRONG SURROUNDING DEMOGRAPHICS - The subject property is strategically positioned along W College Avenue (28,800 VPD), just east of the I-41 interchange (70,400 VPD), with direct frontage on W College Avenue that affords excellent visibility to a substantial volume of daily traffic. The surrounding area further benefits from affluent demographics, including a ten-mile population of 256,511 and average household incomes in excess of $112,000.
- COLLEGE AVENUE REDEVELOPMENT PLAN - In July 2025, the Outagamie County Development and Land Services Department, working with a multi-agency coalition and grant support from Smart Growth America and the Robert Wood Johnson Foundation, adopted "A NEW Avenue," a formal revitalization vision for the 2.5-mile West College Avenue corridor (WIS 125) connecting the Fox River Mall district to downtown Appleton. The plan reimagines the corridor as a walkable destination rather than a pass-through thoroughfare, calling for a complete-streets redesign with upgraded intersections, sidewalks, bike lanes, transit shelters, and modern stormwater management; unified streetscape branding, beautification, and public art; new greenways and public gathering spaces; and an explicit push to catalyze private investment in underutilized parcels through Tax Increment Financing, public-private partnerships, façade and business-improvement grants, density bonuses, updated mixed-use zoning, and expedited permitting.
Listing Contacts
Listed by Mid-America Real Estate, Mid America Real Estate Milwaukee
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
6.2%
Cap Rate
6.2%
ROI
Map
Zoning
CR CommercialRetail CommercialRegional Commercial District
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View all 30 uses Last updated Jan 20, 2026 For deeper zoning details, reports are available at Zoneomics
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