Secure Net Lease Closes 7 Brew Sale Near Texas’ Largest Costco
Harrison Cooper and John Packwood Represent Seller in Strong West Texas Transaction
Secure Net Lease has successfully completed the sale of a newly constructed 7 Brew Coffee property located in Midland, Texas. The asset was acquired by a California-based all-cash 1031 exchange buyer, further demonstrating investor demand for high-performing quick-service retail assets in rapidly growing Texas markets.
Harrison Cooper, who represented the seller, shared, “We represented the seller on this transaction, and it was actually a developer client we’ve worked with before, so there was already a strong relationship there. We were able to bring the property to market and generate a lot of strong interest pretty quickly. In the end, we got the deal done very close to the list price, which was a great outcome for everyone.”
The ±510-square-foot 7 Brew Coffee is strategically positioned at the signalized hard corner of Highway 158 and State Highway 191, one of the most heavily trafficked retail intersections in Midland and the broader Permian Basin. The property benefits from exceptional visibility and accessibility, with combined traffic counts exceeding 71,000 vehicles per day and direct access to Loop 250 and Interstate 20. Located adjacent to the largest Costco in Texas and surrounded by a strong lineup of national retailers including Sam’s Club, H-E-B, Chase Bank, McDonald’s, Panda Express, and Valvoline, the site is positioned within one of Midland’s dominant retail corridors.
“The buyer was a California-based investor completing a 1031 exchange, and the transaction went really smoothly from start to finish. One thing that also gave everyone confidence was that shortly after we got the property under contract, we had several additional offers come in, so we had strong backup interest throughout the process. That just reinforced how much demand there is right now for high-quality assets in growing Texas markets like Midland” Cooper concluded.
The surrounding trade area continues to experience strong economic and population growth, supported by Midland’s energy-driven economy and expanding infrastructure investment. The property is located near major employment hubs including Chevron and Occidental Petroleum headquarters, while additional mixed-use and retail developments are planned nearby. Midland has consistently ranked among the fastest-growing cities in the United States, driven by strong employment growth and continued demand throughout the Permian Basin region.
7 Brew Coffee has quickly emerged as one of the fastest-growing drive-thru coffee concepts in the country, known for its speed-focused service model and loyal customer following. Backed by strong unit growth and expanding national recognition, the brand continues to attract investor interest across the net lease sector. With a compact footprint, high-volume drive-thru format, and aggressive nationwide expansion strategy, 7 Brew remains a highly desirable tenant for investors seeking long-term growth potential.
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.
That just reinforced how much demand there is right now for high-quality assets in growing Texas markets like Midland.
