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7 Brew Coffee, Elgin, TX

$1,913,000

1111 Us 290, Elgin, TX 78621

Active
Last Updated: 10/26/2026

5.75

Cap Rate

110,000

NOI

Details:
Cap Rate:    5.75%
NOI:    $110,000
Building Size:    510 sqft
Lot Area:    0.612 acres
Year Built:    2026
Highlights:
  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee property in Austin TX MSA
  • 15-year lease term with 10% rental increases every 5 years
  • Absolute NNN ground lease: ultimate ease of management for investor
  • Strategic location with frontage on high-traffic US-290 (33,000+ VPD)
  • Embedded between H-E-B & Walmart-anchored centers drawing from 10+ mile radius
  • More than 6,000+ residential lots under construction across city
  • 16 miles from Tesla Giga, 19 miles from Austin International Airport, 21 miles from downtown
  • Bastrop County: 60% population growth since 2010 / Austin’s expanding eastern growth corridor
  • Austin TX MSA growth significantly outpaced Dallas-Fort Worth, Houston and San Antonio
  • Premier operator with 445+ QSR units nationwide: Southern Brew Corp. / Tacala
  • 380+ Taco Bell locations
  • 200+ 7 Brew location development agreement (65+ open)
  • ranked #8 largest franchisee in United States (Franchise Times 2026)
  • 7 Brew Coffee: $2.65M+ Avg Sales / Higher Avg Sales than both Dutch Bros & Starbucks
  • QSR ‘smile’ brand emphasizing customer service and experiencing explosive growth
Description:

Texas Broker of Record: Frankel Development Group Inc. TREC RE License: 9000477
Faris Lee Investments is pleased to present the opportunity to acquire a brand-new, dual drive-thru 7 Brew Coffee property in the Austin TX MSA. The property is secured by a 15-year Absolute NNN ground lease featuring 10% rental increases every five years, providing investors with a passive, inflation-hedged income stream, zero landlord responsibilities, and increasing cash flow throughout the lease term. Strategically positioned along high-traffic US-290, the property benefits from excellent frontage along the primary east-west commuter and growth corridor connecting Elgin with the greater Austin metropolitan area serving 1.4 million residents within 25 miles. The site is embedded between highly trafficked H-E-B and Walmart-anchored shopping centers, and further supported by significant residential expansion throughout Elgin, including more than 6,000 residential lots under construction. Located within Bastrop County, which has grown approximately 60% since 2010, the property benefits from Austin’s continued eastward expansion and major regional investment from SpaceX / Starlink, The Boring Company, X, and LS Electric. This QSR Coffee asset represents an ideal opportunity for a passive or 1031 exchange investor seeking a brand-new, high-quality QSR investment with a premier multi-unit operator, fixed rent growth, exceptional real estate fundamentals, and zero landlord responsibilities within one of Texas’ top metropolitan regions.

Brand-new dual drive-thru 7 Brew Coffee property located directly along US-290 at Lee Dildy Blvd and W 11th St in Elgin, Texas, within the Austin MSA.

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