Secure Net Lease Closes 7 Brew Coffee Sale in Central Texas
Kyle Varni Leads Quick, All-Cash Transaction with 1031 Buyer
Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a 7 Brew Coffee in San Angelo, Texas. The property was acquired by an all-cash 1031 exchange buyer from California. This deal marks another successful disposition by Secure Net Lease, with a focus on aligning newly constructed, high-demand QSR assets with motivated exchange buyers.
Kyle Varni, who represented the seller, shared, “This was a deal we took over from another broker who’d had it on the market for a while. I actually sold the Take 5 Oil Change right next door last year, so I was already familiar with the location and had a good sense of the activity in that pocket.”
The property is located along Sherwood Way, a high-traffic commercial corridor in San Angelo, just west of downtown. The ±550-square-foot drive-thru-only asset sits in front of a Walmart Supercenter and shares the parcel with a Take 5 Oil Change. The site benefits from excellent visibility, convenient ingress/egress, and significant daily traffic counts. It is surrounded by strong national retailers including H-E-B, Chick-fil-A, Lowe’s, and Walgreens. The newly constructed 7 Brew opened in 2024.
“We had some buyers already circling other 7 Brew listings we had on the market, and within about a month of listing this one, we found a 1031 exchange buyer that the deal fit almost perfectly. From there, everything came together quickly. It was a smooth, all-cash closing, and we’d already worked with some of the people involved before, so that made the process even easier. It ended up being a great deal all around that closed at a very aggressive cap rate for the area” Varni concluded.
This transaction highlights Secure Net Lease’s ability to re-energize listings that have lingered on the market and reposition them successfully. By leveraging prior deal experience in the immediate trade area and targeting an active buyer pool of exchange-driven investors, the team secured a fast-moving buyer and facilitated a seamless closing on behalf of the seller.
7 Brew Coffee is one of the fastest-growing drive-thru beverage concepts in the U.S., with a rapidly expanding footprint across the South and Midwest. Known for its speed, energetic customer service, and broad menu of custom drinks, 7 Brew has established itself as a disruptive force in the QSR coffee space. With a strong franchising model, brand momentum, and efficient site formats, 7 Brew continues to attract institutional and private capital interest in the net lease market.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
