7 Brew DDT | Texas | Low Rent | Abs NNN GL

Highlights:

• Brand New Construction, Dual Drive-Thru 7 Brew Coffee property in Temple TX
• Temple TX: 21% growth since 2020
• Near Austin TX & Waco TX
• Hard corner site adjacent to #1 ranked Baylor Scott & White Hospital
• 31st Street (37,136 VPD): primary retail artery in Temple TX
• Texas: the #2 fastest growing state in the country (World Population Review) and no state income taxes
• Grand Opening May 2025
• Absolute NNN Ground Lease – Zero Landlord Responsibilities
• Long term Lease with Low Base Rent and 10% rental increases every 5 years

Description:

TEXAS BROKER OF RECORD...FRANKEL DEVELOPMENT GROUP INC...TREC RE License: 9000477

Faris Lee Investments is pleased to present the rare opportunity to acquire a brand new, dual drive-thru 7 Brew Coffee property in Temple, Texas. The subject property is strategically positioned as a hard-corner parcel with frontage on 31st Street and adjacent to the top-ranked Baylor Scott & White Hospital. The tenant has signed a fresh 10-year ground lease with fixed 10% rental increases occurring every 5 years during the lease term, and expects Grand Opening to occur in May 2025. This brand new 7 Brew Coffee property has zero landlord responsibilities, which creates the ideal investment opportunity for a passive or out-of-state investor seeking a high-performing QSR tenant with best-in-class unit economics, a proven drive-thru-only model, and a rapidly expanding national footprint.

The subject property is strategically located in Temple TX, near Interstate 35, which connects nearby Austin TX & Waco TX with Dallas-Fort Worth. The immediate trade area features exceptional demographics, with over 88,000 residents within a 5-mile radius and average household incomes exceeding $84,000. Temple TX is experiencing explosive population growth (increasing by 21% since 2020) with 514,000 residents projected for the metro area by 2028. The surrounding 31st Street corridor hosts an elite lineup of national QSR and retail tenants, including Chick-fil-A, HEB, Walmart Supercenter, and Raising Cane’s. The investment offering is backed by one of 7 Brew’s largest and fastest-growing operators in the country, further enhancing the strength and stability of the opportunity.

Discover the dynamic potential of Temple, TX – a vibrant city that seamlessly blends historic charm with modern amenities. The area surrounding the property offers a thriving business environment, with nearby points of interest including the Temple Economic Development Corporation, Baylor Scott & White Medical Center, and the bustling Downtown District. Investors will appreciate the convenient access to major highways, creating an ideal location for an office building. With a rich tapestry of dining, shopping, and recreational options, Temple is the ideal backdrop for commercial success. Unlock the possibilities of this prime location in the heart of Texas.