7 Brew Coffee Midland, TX

3314 West Loop 250 North
Midland, TX

Price: $1,633,500
Cap Rate: 6.00%
NOI: $98,000
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 0.71 Acres
Type: Single-Tenant / Retail
Sub Category: Fast Casual
Year Built: 2024

Investment Overview

  • 2024 Construction. 510+/- SF Building on 0.71+/- Acre Site
  • 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years
  • Extremely Affluent area with an Average HH Income of over $177,000 within a 1 and 3 Mile Radius.
  • Located Off W. Loop 250, & N Midkiff Road (74K+ Combined VPD); Nearby Tenants Include: Raising Cane’s, McDonald’s, Burger King
  • Directly Across the Street from the Midland Park Mall, Which Features Over 635,000 Sqft and 89 Retailers
  • 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  | Fastest Growing Mid-Sized City in the U.S. | Population: 338,085+