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7 BREW – (20 Yr. Absolute NNN) IRON MOUNTAIN, M

$1,606,000

100 Hydraulic Falls Road, Iron Mountain, MI

Active
Last Updated: 09/22/2026

6.5

Cap Rate

104,374

NOI

Details:
Cap Rate:    6.5%
NOI:    $104,374
Building Size:    510 sqft
Lot Area:    1.82 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2026
Zoning:    C
Tenancy:    Single
Lease Expire Year:    10/31/2046
Highlights:
  • BRAND NEW ABSOLUTE NNN 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 7 locations with 4 more to open by YE 2026 (11 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 21-car double-stack drive-thru - scheduled to open in October 2026 (est. - currently under construction).
  • DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Positioned on a large ±1.82-acre parcel on the southwest corner of Stephenson Ave and Hydraulic Falls Rd., with great visibility/access on US-141 with traffic counts of 19,315 CPD!
  • 2026 DEMOGRAPHICS: Total Population (5MI): 18,753 | Average Household Income (1MI): $83,937
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! The Tenant, Brew 4 You, LLC owns & operates 7 locations with 4 more to open by YE 2026 (11 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 21-car double-stack drive-thru - scheduled to open in October 2026 (est. - currently under construction).

The Asset is Positioned on a large ±1.82-acre parcel on the southwest corner of Stephenson Ave and Hydraulic Falls Rd., with great visibility/access on US-141 with traffic counts of 19,315 CPD! Nearby major retailers include Walmart, Home Depot, Dunham’s Sports, Maurices, Shoe Dept., Glik, Sally Beauty, GNC, Pet Supplies Plus, Aldi, Super One Foods, Ace Hardware, Tractor Supply, True Value, Sherwin Williams, Slumberland Furniture, Dollar General, Dollar Tree, Family Dollar, Advance Auto Parts, O’Reilly Auto Parts, NAPA Auto Parts, Carquest, Walgreens, Verizon, AT&T, Habitat for Humanity, and Anytime Fitness. It is 3.5 miles from Bay College - Iron Mountain Campus - an accessible, personalized community college serving Michigan’s Dickinson County, offering affordable associate degrees, fast-track certificates, and workforce training, serving 2,000 students in both Iron Mountain & Escanaba campuses; 1/2 mile from Marshfield Medical Center Dickinson - a 49-bed fully integrated, physician-led hospital campus located in Iron Mountain, serving the Central Upper Peninsula and northern Wisconsin - operating as a Level IV Trauma Center, including an emergency department, birth center, regional cancer center, & over 15 specialty services; Less than one mile from Oscar G. Johnson VA Medical Center - serving 20,000 veterans across 25 counties in Michigan & Wisconsin with 57 beds, which includes 17 acute care beds & 40 beds in its Community Living Center.

Map:
Documents:
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7brew.ironmountain02.pdf
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Location
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