Lowell, AR - 7 Brew
$1,786,000
500 S. Bloomington Street, Lowell, AR 72745
5.6
Cap Rate
100,000
NOI
Details:
Description:
SRS Real Estate Partners, LLC 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 Lowell, Arkansas. The tenant, 7 Brew Corporate (Brew Culture, LLC), will sign a brand-new, 10-year lease at the close of escrow, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years 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 strategically located near S. Bloomington Street and JB Hunt Corporate Drive in Lowell, Arkansas. The property benefits from strong traffic counts with S. Bloomington Street carrying approximately 32,000 vehicles per day, W. Monroe Avenue carrying approximately 31,000 vehicles per day, and nearby U.S. Highway 62 / Interstate 49 carrying approximately 109,000 vehicles per day. The site offers excellent visibility, convenient ingress/egress with access from both JB Hunt Corporate Drive and S. Bloomington Street, and a dedicated drive-thru layout that supports efficient quick-service coffee operations. The asset is positioned within a strong retail, commercial, and employment corridor surrounded by national and regional tenants including Walmart Supercenter, McDonald’s, Starbucks, Taco Bell, Sonic, Dairy Queen, Subway, Arby’s, Maverik, Dollar General, FedEx, Farmers Insurance, Anytime Fitness, O’Reilly Auto Parts, Sysco, Penske, JB Hunt, Mercy, and more, further increasing consumer traffic to the site. The property is also located near several major employment and logistics drivers including JB Hunt, FedEx, Sysco, Penske, and other nearby industrial users. The 5-mile trade area is supported by a population of over 103,000 residents, an average household income of approximately $120,000, and more than 42,000 employees.
Location
Gallery