7 Brew 137 Pineview dr

137 Pineview dr , Flowood, Mississippi, 39232 | 510 sq.f | $ 1,923,000

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About This Restaurant

Investment Highlights

New 20-Year Ground Lease with 10% Rental Increases Every 5 Years Plus (4), 5-Year Options to Renew Part of a Massive 100+ Acre Mixed Use Development with a Proposed 2 Mile Trail that will Connect 23,000 Homes to this Development Unlike Most Coffee Chains, 7 Brew?s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue Located on Lakeland Dr (38,000+ VPD), the Main East-West Corridor of Flowood that Leads into Jackson One of the Fastest Growing Areas in the State of Mississippi, & 1,3,5 Mile Radius Average HH Income is Over $115,000 Flowood | 5 Miles from Jackson | Population: 157,026+

Executive Summary

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    510
  • Year Built    2023
  • Price    1,923,000
  • Price Per SF    3,771
  • Cap Rate    6.50
  • NOI    125,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.01
  • Land Acres    1.16 AC

Nearby Amenities & Transportation

Retail Fit Body Boot Camp
Retail Wingstop
Retail Cadence Bank
Retail Aldi
Retail Bankplus
Retail Waffle House
Retail Anytime Fitness
Retail Kroger
Retail Regions Bank
Retail CrossFit

Property Taxes

Parcel Number H11 000029 00060 Improvements Assessment $0
Land Assessment $0 Total Assessment $124,514
Date Created: 2024-07-16 04:16:22 Last Updated: 2024-07-16 04:16:22
Address: 137 Pineview dr , Flowood, Mississippi, 39232