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Restaurant

7 Brew Ground Lease | Top Franchisee | A+ Real Estate & Demos

8380 N High St, Columbus, OH 43235

Listing Price: $1,260,000

Cap Rate
5.75%
Tenant Name
7 Brew
Years Remaining On Lease
14.0
Gross SF
510
Guarantor
Franchisee Guarantee
Rentable SF
510
Price/Gross SF
$2,470.59
Lease Type
Absolute Net
Rent Per Square Feet
$142.16

Investment Overview

Marcus & Millichap is pleased to bring to market 7 Brew Ground Lease in Columbus, Ohio. The subject property was constructed in 2024 and opened and commenced rent in December 2024, and is subject to a 15-year ground lease with Motley 7 Brew, the top 7 Brew franchisee in Ohio and poised to be a top franchisee nationally. The franchisee's deep experience and operational pedigree are exemplified by franchisee's principal's other longstanding franchise organization, Pacific Bells, which is a Seattle-based Taco Bell franchisee with 271 units in 9 states, in operation since the 1980s.

The subject property is one of the top 7 Brew opportunities on-market and an excellent opportunity for an investor seeking a low-risk and completely passive long-term hold, combining all of the following: 1) completely passive absolute net 15-year ground lease with 12% rent increases every 5 years, 2) top-tier franchisee with outstanding pedigree, 3) low rent and bite-size price point with very high underlying land value relative to the offering price, 4) infill, high-traffic commuter location in the fastest growing major MSA in the Midwest and one of the most desirable growth MSAs nationally, 5) submarket location amongst the highest growth and most affluent area of the Columbus MSA (Delaware county) with dense & affluent demographics, and 6) massive recent population growth in the trade area with strong continued growth projections that will drive appreciation of both market rents and land values.

Investment Highlights

  • 7 Brew Drive Thru Coffee 15-Year Absolute NNN Ground Lease in Affluent Columbus, OH
  • Outstanding Real Estate & Demos – Commuter Arterial w/ 55K VPD; 84K Pop, 69K Daytime Employment & $121K AHHI in 3-Mi Radius
  • 2024-Built with Construction Completed – Held Grand Opening & Commenced Rent on December 23, 2024
  • Franchised by Motley 7 Brew – Top 7 Brew Franchisee in Ohio & One of the Top 7 Brew Franchisees Nationally w/ 15 Units Open and 65 Total Committed
  • Franchisee has Strong 40-Year History in Operating and Growing a Large QSR Franchise Organization - President of Motley 7 Brew is also President of Pacific Bells, a 271-Unit Taco Bell Franchisee Since the 1980's
  • Franchisee has Major Competitive Advantages & Synergies via Pacific Bells QSR Operational Expertise & Insider Intel - Pacific Bells has 60 Taco Bells in Ohio Since the 1990's; Half of Franchisee's 7 Brew Units are Co-Located with Franchisee's Existing Taco Bell Sites
  • 12% Rent Increases Every 5 Years of Initial Term and Options; +75 bps to Cap Rate in 5 Years and +150 bps in 10 Years
  • Approx. $1M Value in the Dirt Alone; Low Ground Rent of $72,500 on Prime 0.92-Acre Parcel in Highly Desirable, Rapidly Growing Area

Exclusively Listed By

Financing By

Restaurant

7 Brew Ground Lease | Top Franchisee | A+ Real Estate & Demos

Listing Price: $1,260,000

Cap Rate
5.75%
Tenant Name
7 Brew
Years Remaining On Lease
14.0
Gross SF
510
Guarantor
Franchisee Guarantee
Rentable SF
510
Price/Gross SF
$2,470.59
Lease Type
Absolute Net
Rent Per Square Feet
$142.16

Investment Highlights

  • 7 Brew Drive Thru Coffee 15-Year Absolute NNN Ground Lease in Affluent Columbus, OH
  • Outstanding Real Estate & Demos – Commuter Arterial w/ 55K VPD; 84K Pop, 69K Daytime Employment & $121K AHHI in 3-Mi Radius
  • 2024-Built with Construction Completed – Held Grand Opening & Commenced Rent on December 23, 2024
  • Franchised by Motley 7 Brew – Top 7 Brew Franchisee in Ohio & One of the Top 7 Brew Franchisees Nationally w/ 15 Units Open and 65 Total Committed
  • Franchisee has Strong 40-Year History in Operating and Growing a Large QSR Franchise Organization - President of Motley 7 Brew is also President of Pacific Bells, a 271-Unit Taco Bell Franchisee Since the 1980's
  • Franchisee has Major Competitive Advantages & Synergies via Pacific Bells QSR Operational Expertise & Insider Intel - Pacific Bells has 60 Taco Bells in Ohio Since the 1990's; Half of Franchisee's 7 Brew Units are Co-Located with Franchisee's Existing Taco Bell Sites
  • 12% Rent Increases Every 5 Years of Initial Term and Options; +75 bps to Cap Rate in 5 Years and +150 bps in 10 Years
  • Approx. $1M Value in the Dirt Alone; Low Ground Rent of $72,500 on Prime 0.92-Acre Parcel in Highly Desirable, Rapidly Growing Area

Investment Overview

Marcus & Millichap is pleased to bring to market 7 Brew Ground Lease in Columbus, Ohio. The subject property was constructed in 2024 and opened and commenced rent in December 2024, and is subject to a 15-year ground lease with Motley 7 Brew, the top 7 Brew franchisee in Ohio and poised to be a top franchisee nationally. The franchisee's deep experience and operational pedigree are exemplified by franchisee's principal's other longstanding franchise organization, Pacific Bells, which is a Seattle-based Taco Bell franchisee with 271 units in 9 states, in operation since the 1980s. The subject property is one of the top 7 Brew opportunities on-market and an excellent opportunity for an investor seeking a low-risk and completely passive long-term hold, combining all of the following: 1) completely passive absolute net 15-year ground lease with 12% rent increases every 5 years, 2) top-tier franchisee with outstanding pedigree, 3) low rent and bite-size price point with very high underlying land value relative to the offering price, 4) infill, high-traffic commuter location in the fastest growing major MSA in the Midwest and one of the most desirable growth MSAs nationally, 5) submarket location amongst the highest growth and most affluent area of the Columbus MSA (Delaware county) with dense & affluent demographics, and 6) massive recent population growth in the trade area with strong continued growth projections that will drive appreciation of both market rents and land values.

Exclusively Listed By

Financing By

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