About This Restaurant
Investment Highlights
Drive-Thru Coffee Concept - Rapid Expansion Plans Thirteen (13.6) Yrs Remaining - Strong Personal Guaranty Busy Medical Corridor - Adjacent to Largest Hospital in State 2022 Construction - 201,978 Residents Within 5 Miles Triple Net (NNN) Lease - Zero Landlord Responsibilities Capital City of Louisiana - 7.2 Million Visitors in 2022
Executive Summary
7 Brew Coffee is a fast-growing drive thru coffee concept that has grown to 190+ locations in 23 states thus far and has plans to open hundreds of additional stores across the U.S.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food Freestanding
- Building Size 510
- Year Built 2023
- Price 2,801,200
- Price Per SF 5,493
- Cap Rate 7
- NOI 196,082
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.02
- Land Acres 0.60 AC
Amenities
- Drive Thru
Nearby Amenities & Transportation
| Retail | Piccadilly Cafeteria | ||
| Retail | Regions Bank | ||
| Retail | Burgerim | ||
| Retail | Albertsons Floral | ||
| Retail | Capital One | ||
| Retail | Hancock Whitney Bank | ||
| Retail | The YMCA | ||
| Retail | Cadence Bank, N.A. | ||
| Retail | First Horizon Bank | ||
| Retail | Chase Bank |
Property Taxes
| Parcel Number | 01728032 | Improvements Assessment | $75,500 |
| Land Assessment | $6,750 | Total Assessment | $82,250 |
| Date Created: | 2024-07-16 04:16:16 | Last Updated: | 2024-07-16 04:16:16 |
| Address: | 5131 Essen Ln , Baton Rouge, Louisiana, 70809 | ||