Seven Brew 1626 Veterans Pky

1626 Veterans Pky , Jeffersonville, Indiana, 47130 | 510 sq.f | $ 1,739,000

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About This Restaurant

Investment Highlights

Strategically located at the signalized, hard corner intersection of Veterans Parkway and Hamburg Pike, averaging a combined 27,500 VPD. Community Center anchored by Hobby Lobby, Burlington, Petco, and TJ Maxx. 7 Brew Coffee investment property located in Jeffersonville, IN.

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN, newly built, drive-thru equipped, 7 Brew Coffee investment property located in Jeffersonville, IN (Louisville MSA). The tenant, Brew Team KY, LLC, recently signed a brand new 10-year lease with 3 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is personally guaranteed for the first 5 years if tenant is in good standing, and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 2017, 7 Brew has quickly become among the leading coffee chains with 186 operating locations.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    510
  • Building Class    C
  • Year Built    2023
  • Price    1,739,000
  • Price Per SF    3,410
  • Cap Rate    5.75
  • NOI    100,000
  • Tenancy    Single
  • Building Height    1 Story
  • Land Acres    23.55 AC

Nearby Amenities & Transportation

Retail Chicken Salad Chick
Retail Five Guys
Retail Taziki's Meditterranean Cafe
Retail CrossFit
Retail German American Bank
Retail Ymca
Retail Quaker Steak & Lube
Retail Cheddar's
Retail Chuy's
Retail Bubba's 33

Property Taxes

Parcel Number 10-21-03-300-720.000-009 Improvements Assessment $1,095,900
Land Assessment $0 Total Assessment $1,095,900
Date Created: 2024-07-16 04:13:40 Last Updated: 2024-07-16 04:13:40
Address: 1626 Veterans Pky , Jeffersonville, Indiana, 47130