About This Restaurant
Investment Highlights
15 Year Abs. NNN Lease | 10% rental increases every 5 years including options | Two (2) - five (5) year options | Minimal LL responsibilities New build-to-suit 7-Brew prototype| Warranties will be assigned to the new owner 7-Brew average unit volume is $2.5M | Over 300+ new locations in 2023 Over 65K people live within a 3-mile radius | Average household income exceeding $105K
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of 7 Brew | Snellville, GA. The Premises is leased to 7-Brew for a 15 year initial term, with two (2) - five (5) year options. The Asset is well positioned directly off of Stone Mountain Hwy, the main commuter throughfare in Snellville, GA. Blackstone recently announced that Blackstone Growth have made a growth equity investment in 7 Brew Coffee. Blackstone?s investment seeks to help enable 7 Brew to accelerate its already-rapid expansion across the U.S.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 760
- Building Class B
- Year Built 2024
- Price 2,847,000
- Price Per SF 3,746
- Cap Rate 7
- NOI 199,300
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.02
- Land Acres 0.90 AC
Property Taxes
| Parcel Number | 6-051-454 | Improvements Assessment | $94,080 |
| Land Assessment | $0 | Total Assessment | $94,080 |
| Date Created: | 2024-07-16 04:13:35 | Last Updated: | 2024-07-16 04:13:35 |
| Address: | 3293 Stone Mountain Hwy , Snellville, Georgia, 30078 | ||