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7 Brew Coffee

$1,538,000

550 East Pershing Road, Decatur, IL 62526

Active
Last Updated: 01/16/2025

6.5

Cap Rate

100,000

NOI

Details:
Cap Rate:    6.5%
NOI:    $100,000
Building Size:    510 sqft
Lot Area:    0.72 sqft
Lease Type:    Ground
Year Built:    2024
Tenancy:    Single
Parking Spots:    10
Highlights:
  • 15-year absolute net lease featuring 10% rental increases every 5 years throughout the base term and options
  • 2024 build-to-suit construction with double drive-thru
  • ALDI outparcel with direct ingress/egress from E Pershing Road – 20,243 VPD
  • Dual grocery anchored coffee pad to Kroger and ALDI, drawing high traffic volumes
  • Brettwood Village Shopping Center is a 200,000 SF regional shopping center, anchored by Kroger, has seen 1.9M visitors in the previous 12 months, which ranks in the 72nd percentile of shopping centers nationwide per Placer.ai
  • Kroger drives traffic to the center with other national tenants including Planet Fitness, FedEx, H&R Block, and Dunkin’ Donuts
Description:

A 15-year absolute net ground lease 7 Brew featuring 10% rental increases every 5 years throughout the base term and option periods. Subject property serves as an ALDI outparcel with direct ingress/egress from E Pershing Road (20,243 VPD) and exposure to the 2.4M combined annual visitors of the ALDI and adjacent Kroger-anchored shopping center.

Map:
Documents:
Title
7Brew_DecaturIL.pdf
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