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Restaurant

New Construction 7Brew Ground Leases - Waxahachie, TX

1964 Highway 77, Waxahachie, TX 75165

Listing Price: $3,116,000

Cap Rate
6.00%
Tenant Name
Seven Brew
Years Remaining On Lease
15.0
Gross SF
1,400
Guarantor
Personal Guarantee
Rentable SF
1,400
Price/Gross SF
$2,225.71
Lease Type
NNN Ground Lease
Rent Per Square Feet
$133.54

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale, New Construction 7Brew Ground Leases in Waxahachie, Texas. The subject property has 15 years remaining on an absolute triple-net ground lease with zero landlord responsibilites. New Construction 7Brew Ground Leases is being offered for $3,116,000.

Investment Highlights

  • Brand New Construction 7Brew Coffee 15-Year Absolute Triple-Net Ground Lease in Waxahachie, Texas (Dallas-Fort Worth MSA) | Absolute Triple-Net Ground Lease with Zero Landlord Responsibilities
  • High Growth Market: 36.7 Percent Population Growth in Three-Mile Radius; Suburban Sprawl Continuing Throughout Waxahachie and Red Oak; Majority of Growth is New Construction Single- Family Housing
  • 10 Percent Rent Increases Every Five Years of Primary Term and Options
  • Strong Personal Guaranty from Franchisee who has Rights to Develop 40 Stores in the Dallas Metro, Including North East Suburbs and Exurbs
  • Future of Retail: Modern, Drive-Thru Only Model Allowing Optimal Efficiency
  • 7Brew is Rapidly Growing Drive-Thru Only Coffee Chain Founded in 2016; 45 Locations in Operation in 14 States with Hundreds in Development
  • Outparcel to Academy Sports & T.J. Maxx-Anchored Center with Other. Neighboring Tenants Including Raising Cane's, Ulta, Show Carnival, Valvoline, Arby's, McAlister's Deli, Crumbl Cookies, and More
  • 7Brew Corporate Majority Ownership is Experienced QSR Operators – Jimmy John's Founder and Major Pizza Hut Franchisee

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

New Construction 7Brew Ground Leases - Waxahachie, TX

Listing Price: $3,116,000

Cap Rate
6.00%
Tenant Name
Seven Brew
Years Remaining On Lease
15.0
Gross SF
1,400
Guarantor
Personal Guarantee
Rentable SF
1,400
Price/Gross SF
$2,225.71
Lease Type
NNN Ground Lease
Rent Per Square Feet
$133.54

Investment Highlights

  • Brand New Construction 7Brew Coffee 15-Year Absolute Triple-Net Ground Lease in Waxahachie, Texas (Dallas-Fort Worth MSA) | Absolute Triple-Net Ground Lease with Zero Landlord Responsibilities
  • High Growth Market: 36.7 Percent Population Growth in Three-Mile Radius; Suburban Sprawl Continuing Throughout Waxahachie and Red Oak; Majority of Growth is New Construction Single- Family Housing
  • 10 Percent Rent Increases Every Five Years of Primary Term and Options
  • Strong Personal Guaranty from Franchisee who has Rights to Develop 40 Stores in the Dallas Metro, Including North East Suburbs and Exurbs
  • Future of Retail: Modern, Drive-Thru Only Model Allowing Optimal Efficiency
  • 7Brew is Rapidly Growing Drive-Thru Only Coffee Chain Founded in 2016; 45 Locations in Operation in 14 States with Hundreds in Development
  • Outparcel to Academy Sports & T.J. Maxx-Anchored Center with Other. Neighboring Tenants Including Raising Cane's, Ulta, Show Carnival, Valvoline, Arby's, McAlister's Deli, Crumbl Cookies, and More
  • 7Brew Corporate Majority Ownership is Experienced QSR Operators – Jimmy John's Founder and Major Pizza Hut Franchisee

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale, New Construction 7Brew Ground Leases in Waxahachie, Texas. The subject property has 15 years remaining on an absolute triple-net ground lease with zero landlord responsibilites. New Construction 7Brew Ground Leases is being offered for $3,116,000.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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