Albuquerque, NM - 7 Brew
$1,830,550
3835 Coors Blvd NW, Albuquerque, NM 87120
5.9
Cap Rate
108,000
NOI
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, 7-Brew Coffee investment property located in Albuquerque, New Mexico. The tenant currently has 13+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Founded in 2017 in Rogers, Ark. with its 7 Original coffees, 7 Brew has grown to more than 877 stands across 38 states through its franchise model. The brand continues to expand nationwide, creating smiles everywhere serving over 1 million drinks per day.
Location
Gallery
