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7 Brew Cleveland, Texas

$1,250,000

508 S Washington Ave, Cleveland, TX 77327

Active
Last Updated: 05/08/2026

6

Cap Rate

75,000

NOI

Details:
Cap Rate:    6%
NOI:    $75,000
Lot Area:    0.6299 acres
Occupancy:    100%
Units:    1
Year Built:    2026
Highlights:
  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee property in Houston TX MSA
  • Ultra-low rent: 3rd lowest base rent for a 7 Brew Coffee property to be listed in Texas
  • Long Term 15 Year Lease with 10% rental increases every 5 years
  • Absolute NNN Ground Lease: ultimate ease of management for investor
  • Synergy w/ Walmart Supercenter (2.4M visits per Placer.ai) & HEB-Anchored shopping center (1.3M visits per Placer.ai) along Interstate 69 Freeway
  • Top-Performing Trade Area for Quick Service Restaurants (see Offering Memorandum / Placer.ai); no Coffee QSR competition in proximity; 45 miles from downtown Houston
  • Impressive Multi-Brand Franchise Operator (600+ units total)
  • Texas: pro-business & no state income taxes
  • 7 Brew: 700+ stores and growing
Description:

Faris Lee Investments is pleased to present the opportunity to acquire a brand-new, dual drive-thru 7 Brew Coffee property in Houston TX MSA, with a grand opening expected in June 2026. The asset is secured by a 15-year absolute NNN ground lease featuring 10% rental increases every five years, offering investors a passive, inflation-hedged income stream with zero landlord responsibilities. Strategically positioned along Washington Ave near Interstate 69, the site benefits from strong retail synergy with nearby Walmart Supercenter and HEB-anchored shopping centers that collectively draw over 3.7 million annual visits (Placer.ai). The trade area ranks as one of the strongest-performing QSR markets in Texas, yet there is no existing QSR Coffee competition in proximity. Located within the Houston TX MSA, the #2 fastest-growing major metro in the country, and supported by Texas’ pro-business environment with no state income taxes, this offering represents a premier opportunity to acquire a brand-new, Absolute NNN 7 Brew Coffee investment property in one of Texas’ top metro areas.

The site has frontage on Washington Ave (+/- 18,500 VPD), the primary commercial thoroughfare for the city of Cleveland, and is positioned within several hundred feet of the Interstate 69 freeway entrance/exit. Interstate 69 freeway connects local residents to downtown Houston TX (approx. 45 miles) and stretches more than 225 miles northeast to notable eastern Texas cities (via US-59) including Lufkin, Nacogdoches, and Texarkana. Walmart Supercenter: 2.4 million visits in the last 12 months (Placer.ai) drawing customers from a 15-mile radius. HEB-anchored center “Truly Plaza”: Truly Plaza Shopping Center: 1.3 million visits in the last 12 months (Placer.ai) drawing customers from a 15-mile radius

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