7 Brew Cleveland, Texas
$1,250,000
508 S Washington Ave, Cleveland, TX 77327
6
Cap Rate
75,000
NOI
Details:
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
Location
Gallery