Overview

Description

Faris Lee Investments is pleased to present the rare opportunity to acquire a new, double drive-thru, long-term net leased (fee simple interest) 7 Brew property in Mountain Home, Arkansas. The subject property is situated near the #1 visited Harps Food grocery store in the U.S. and adjacent from a Hobby Lobby / Big Lots anchored shopping center. This quick-service coffee restaurant opened earlier in 2023, and will be commencing a fresh 15+ year lease with 10% rental increases occurring every 5 years of the lease term at the close of escrow. This newly constructed 7 Brew property has zero landlord responsibilities, which makes it the ideal investment opportunity for a passive or out-of-state investor looking for a high-performing QSR tenant with a strong brand identity.

7 Brew is a QSR brand taking over the beverage sector by storm. Highly desired by investors because of their beverage products and simple concept, 7 Brew is a growing rapidly across the United States. Founded in Arkansas during 2017, the company is now planning for over 3,000 stores nationwide. 7 Brew operates by the principal of serving all customers less than 5 minutes from when they enter the double drive-thru lanes. The company’s beverage selections, efficiency, and double-drive-thru equipped properties make the concept highly attractive to consumers.

The subject property has fantastic placement on Highway 62 (20,000+ VPD) in order to serve not just the local residents, but also Baxter Health campus physicians and staff, students at Arkansas State University MH, and Mountain Home High School. The recent addition of this 7 Brew location is a major benefit to the community, as there are no other standalone national coffee retailers in the city of Mountain Home.

Highlights

• New Construction, Double Drive-thru 7 Brew Property in the Brand’s ‘Home State’ Of Arkansas
• Adjacent To Hobby Lobby Anchored Center And #1 Visited Harps Food Store In the U.S.A. (visits per Placer.ai)
• 1 Mile Away From Largest Employer in County and Major Regional Draw: Baxter Health campus: 500,000 sqft hospital facility with 2,000 employees serving 11 counties across two states
• Positioned On Highway 62 E (20,000+ VPD), A Main Thoroughfare to Reach the Baxter Health Campus, Arkansas State University MH, Mountain Home High School, and More
• Absolute NNN Lease: Ultimate Ease of Management for Investor
• Long Term ‘Sale-Leaseback’ With 10% Rental Increases Every 5 Years
• Healthy Rent / 5% Projected Rent to Sales Ratio
• 7 Brew: Better Average Unit Sales Volumes Vs Dutch Bros and Scooters
• Other National Retailers Nearby: Dunham’s Sports, Goodwill, Orscheln Farm & Home, Walmart Supercenter, Lowe’s, And Home Depot
• Norfork Lake: Regional Draw for Fishing, Watersports, and Recreational Activities
• Mountain Home is approximate to three different Midwest / Southern States and metropolitan cities

---