7 Brew - Rochester, MN
$2,077,000
2105 37th Street Northwest, Rochester, MN 55901
6.5
Cap Rate
135,000
NOI
Details:
Highlights:
- BRAND NEW ABSOLUTE NNN GROUND LEASE: Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 10% rental escalations every 5 years!
- TENANT | GUARANTORS: Brew 4 You, LLC owns & operates 8 locations with 4 more to open by YE 2026 (12 total). Tenant also has a development agreement to build 6 more locations in 2027! The lease is further backed by 3 Personal Guarantors!
- BRAND NEW CONSTRUCTION: A custom-built building designed specifically for 7 Brew, featuring an impressive 16-car double-stack drive-thru and walk-up window - scheduled to open in November 2026 (est. - currently under construction)
- DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Positioned on a large ±1.0-acre parcel on the northwest corner of 37th Street and 21st Avenue, with great visibility/access on I-63 with traffic counts of 81,239 CPD!
- 2026 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 108,662 | Average Household Income (5MI): $138,973
Description:
7 Brew has a Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 10% rental escalations every 5 years! Brew 4 You, LLC owns & operates 8 locations with 4 more to open by YE 2026 (12 total). Tenant also has a development agreement to build 6 more locations in 2027! The lease is further backed by 3 Personal Guarantors! A custom-built building designed specifically for 7 Brew, featuring an impressive 16-car double-stack drive-thru and walk-up window - scheduled to open in November 2026 (est. - currently under construction).
The Asset is Positioned on a large ±1.0-acre parcel on the northwest corner of 37th Street and 21st Avenue, with great visibility/access on I-63 with traffic counts of 81,239 CPD! Nearby major retailers include Walmart, Target, HyVee, Sleep Number,Burlington, Old Navy, T.J. Maxx, HomeGoods, Plato’s Closet, Michaels, Five Below, Ulta Beauty, Sally Beauty, Goodwill, Costco, Crumbl, Aldi, Club Pilates, The Home Depot, Petsmart, Dollar Tree, Firestone, Furniture Mart, Hallmark, Harbor Freight, Best Buy, Hobby Lobby, Ashley, Northern Toll + Equipment, Target, ROSS, etc; 4 1/2 miles from University of Minnesota-Rochester – a public University of Minnesota campus that specializes in health sciences education, with strong connections to the nearby Mayo Clinic and hands-on preparation for healthcare careers. It currently serves about 1,122 students; Less than 4 miles from Mayo Clinic Hospital St Mary’s Campus – a major academic medical center known for highly specialized and complex care, including heart and lung transplantation, neurosurgery, pediatric care, rehabilitation, and Level 1 trauma services. The campus has 1,265 beds, making it one of Mayo Clinic’s two major hospital campuses in Rochester.
Documents:
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Offering Memorandum
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Location
Gallery