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7 Brew | New 15yr Abs NNN | Opening Sept 2024 1110 Cooktown Rd

510 SF Retail Building Ruston, LA 71270 £1,108,732 (£2,174/SF) 6% Net Initial Yield

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Investment Highlights

Brand New 15-Year Lease | Scheduled Rental Increases | Options To Extend | September 2024 Anticipated Opening
Access to I-20 (59,200 VPD) | Excellent Visibility | Proximity to Louisiana Tech University | National Tenant Presence

Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities | Strong Franchisee
Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN ground leased, 7 Brew investment property located in Ruston, Louisiana. The tenant 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 at the beginning of each option period, 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 a passive investor. The franchisee, Brew Crew, 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.