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Restaurant

7 Brew (15-Yr Ground Lease)

200 Rocky Rd, Brownsville, TX 78526

Listing Price: $1,364,000

Cap Rate
5.50%
Tenant Name
7 Brew
Years Remaining On Lease
14.5
Gross SF
600
Guarantor
Corporate Guarantee
Rentable SF
600
Price/Gross SF
$2,273.33
Lease Type
Ground Lease
Rent Per Square Feet
$125.00

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 7 Brew ground lease in Brownsville, Texas. The property consists of a 600-square-foot, freestanding building that sits on approximately 0.76 acres of land. The tenant signed a new 15-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Investment Highlights

  • New 15-Year Ground Lease with 10% Rental Escalations Every Five Years
  • High-Growth Franchisee with Plans for 25 More Stores
  • 2023 Construction Includes Double Drive-Thrus with Canopies
  • More than 191,184 Residents Within a Five-Mile Radius - 30 Minute Drive to Matamoros, Mexico (Population of 571,000)
  • Fast-Growing Drive-Thru Coffee Chain with 59 Stores and Plans to Grow to 200-250 Stores by the End of 2023

Exclusively Listed By

Financing By

Restaurant

7 Brew (15-Yr Ground Lease)

Listing Price: $1,364,000

Cap Rate
5.50%
Tenant Name
7 Brew
Years Remaining On Lease
14.5
Gross SF
600
Guarantor
Corporate Guarantee
Rentable SF
600
Price/Gross SF
$2,273.33
Lease Type
Ground Lease
Rent Per Square Feet
$125.00

Investment Highlights

  • New 15-Year Ground Lease with 10% Rental Escalations Every Five Years
  • High-Growth Franchisee with Plans for 25 More Stores
  • 2023 Construction Includes Double Drive-Thrus with Canopies
  • More than 191,184 Residents Within a Five-Mile Radius - 30 Minute Drive to Matamoros, Mexico (Population of 571,000)
  • Fast-Growing Drive-Thru Coffee Chain with 59 Stores and Plans to Grow to 200-250 Stores by the End of 2023

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 7 Brew ground lease in Brownsville, Texas. The property consists of a 600-square-foot, freestanding building that sits on approximately 0.76 acres of land. The tenant signed a new 15-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Exclusively Listed By

Financing By

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