Bossier City, LA - 7 Brew

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN leased, 7 Brew investment property located in Bossier City, Louisiana. The tenant, Brew Crew 2 LLC, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and variable increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. The franchisee successfully operates over 30 locations, with the rights to another 100+ locations. The group was awarded Franchisee of the Year in 2023, with a system-best AUV of $2.4 million.

The 7 Brew is located near the signalized, hard corner intersection of Airline Dr and US Hwy 79, combining to average over 58,100 vehicles passing by daily. Airline Dr is a major retail thoroughfare serving the city of Bossier City. The 7 Brew is located directly across from Pierre Bossier Mall, a 700,000+ square foot shopping mall, complete with tenants including Dillard’s, JCPenney, Hibbett Sports, and more. The asset is located less than a mile from a 70,000+ square foot shopping center, anchored by BioLife Plasma Services and Ollie’s Bargain Outlet. In addition, Ruby Tuesday is also across from a 124,000+ square foot center, which includes Harbor Freight Tools, Office Depot, and more. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Starbucks, IHOP, Waffle House, Chili’s, Arby’s, Valvoline, and more, further increasing consumer traffic to the site. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by a population of over 97,700 with an average household