Birmingham, AL - 7 Brew Coffee

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 Birmingham, Alabama. The tenant, Southern Brew Corp, recently signed a brand new 20 year lease, demonstrating their commitment to the site. Southern Brew Corp is Tacala Companies’ entity for its 7 Brew locations, which stands at 38+ today. Tacala Companies is one of the most successful Taco Bell operators in the country with nearly 400 locations. The lease features 1% annual rental increases throughout the initial term, 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 an out of state investor.

The 7 Brew Coffee is located along U.S. Highway 280, a major retail and commuter corridor serving the Birmingham metro, with exposure to approximately 95,600 vehicles per day. The subject property is positioned adjacent to Walmart Supercenter and near the heart of Brook Highland Plaza, a dominant retail destination featuring national and regional tenants including Lowe’s, Best Buy, Sprouts Farmers Market, Ashley, Burlington, Michaels, Petco, Five Below, Ulta Beauty, Goodwill, CAVA, Firehouse Subs, Dairy Queen, and more. The asset is also surrounded by additional major retailers and restaurants including Target, Publix, Walgreens, Chick-fil-A, Chipotle, CVS Pharmacy, Home Depot, TJ Maxx, Marshalls, Kohl’s, and Academy Sports + Outdoors, further increasing consumer traffic to the site. The property is located in the center of a dense and affluent retail corridor with strong connectivity to the surrounding Brook Highland, Greystone, and Cahaba Valley submarkets. In addition, the subject property is approximately 20 minutes from Downtown Birmingham and benefits from a strong daytime population base of over 50,000 employees within a 5-mile radius. The 5-mile trade area is supported by a population of more than 84,000 residents with an average household income exceeding $157,000.

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Listing ID: a28TP000002Yz9ZYAS