Restaurant
7 Brew (15-Yr Ground Lease)
200 Rocky Rd, Brownsville, TX 78526
Listing Price: $1,364,000
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.
7 Brew (15-Yr Ground Lease)
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
Listing Price: $1,364,000
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
