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7 Brew | New 20yr Abs NNN Grd Lse 2079 LPGA Blvd

551 SF Retail Building Daytona Beach, FL 32117 £1,448,088 (£2,628/SF) 6% Net Initial Yield

Investment Highlights

  • Brand New 20-Year Lease | Scheduled Increases | New Construction Options To Extend | Strong Operator
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Dayton International Speedway | Large Tourism Sector | Direct Consumer Base
  • Rapidly Expanding Brand | Strong Investment & Leadership
  • Near Tomoka Town Center (7.7M+ Visits) | National/Credit Tenants | Tanger Outlets (2.9M+ Visits) | Interstate-95 (79,000 VPD)
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, freestanding, 7 Brew Coffee investment property located in Daytona Beach, Florida. The tenant, 7 Ventures, Inc., recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1% annual rental increases throughout the initial term and 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. 7 Brew Coffee is a rapidly growing brand with over 229 locations throughout the country. 7 Venture, Inc., is a subsidiary of K-MAC, a proven QSR operator with hundreds of Taco Bell locations and currently 35+ 7 Brew Coffee locations in the Southeast and Midwest.

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
551 SF
Building Class
B
Year Built
2024
Price
£1,448,088
Price Per SF
£2,628
Net Initial Yield
6%
NOI
£86,901
Tenancy
Single
Number of Floors
1
Building FAR
0.01
Land Acres
0.95 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
13 Spaces (23.59 Spaces per 1,000 SF Leased)
Frontage
119 ft on LPGA Boulevard

Amenities

  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • 7 Brew
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
7 Brew Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5203-13-00-0031
Land Assessment
£882,156
Improvements Assessment
£0
Total Assessment
£882,156
  • Listing ID: 32557273

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 2079 LPGA Blvd, Daytona Beach, FL 32117

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