7 Brew | 137 Pineview dr
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7 Brew 137 Pineview dr
510 SF Retail Building Flowood, MS 39232 £1,504,651 (£2,950/SF) 6.50% Net Initial Yield
Investment Highlights
- New 20-Year Ground Lease with 10% Rental Increases Every 5 Years Plus (4), 5-Year Options to Renew
- Part of a Massive 100+ Acre Mixed Use Development with a Proposed 2 Mile Trail that will Connect 23,000 Homes to this Development
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- Located on Lakeland Dr (38,000+ VPD), the Main East-West Corridor of Flowood that Leads into Jackson
- One of the Fastest Growing Areas in the State of Mississippi, & 1,3,5 Mile Radius Average HH Income is Over $115,000
- Flowood | 5 Miles from Jackson | Population: 157,026+
Executive Summary
7 Brew is so much more than just a coffee stand. It’s the concept of cultivating kindness and joy with every drink – through their service, speed, quality, energy and atmosphere. It’s contagious and it’s changing the drive-thru coffee industry.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
510 SF
Building Class
C
Year Built
2023
Price
£1,504,651
Price Per SF
£2,950
Net Initial Yield
6.50%
NOI
£97,806
Tenancy
Single
Number of Floors
1
Building FAR
0.01
Lot Size
1.16 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | H11 000029 00060 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £97,426 |
PROPERTY TAXES
Parcel Number
H11 000029 00060
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£97,426
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7 Brew | 137 Pineview dr
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