7 Brew Coffee Midland, TX

2201 West Texas Avenue
Midland, TX

Price: $1,991,700
Cap Rate: 6.00%
NOI: $119,500
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 0.48 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2023

Investment Overview

  • 2024 Construction. 510+/- SF Building on 0.48+/- Acre Site
  • Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years & (3) 5-Year Options to Renew
  • Located Right off the Signalized Intersection of W Wall St (14,800+ VPD) & Andrews Hwy (33,567+ VPD)
  • Adjacent to Midland Memorial Hospital, the Largest Hospital in Midland-Odessa with 2,500+ Employees, 225+ Beds, & Generates Over $1.3 Billion in Revenue.
  • Average HH Income in a 1, 3, 5-Mile Radius Are All Over $133,000. The 5-Mile Radius Has Over 135,000 People and an Average HH Income Over $151,000.
  • Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
  • Midland | Projected to be the Fastest Growing Mid-Sized-City in the Country | MSA Population: 338,085+

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