7 Brew Coffee Waco, Texas

974 South Loop 340
Waco, Texas

Price: $1,375,000
Cap Rate: 6.00%
NOI: $82,500
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 0.27 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2023

Investment Overview

  • 2024 Construction. 510+/- SF Building on 0.27+/- Acre Site
  • 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5-Years , Plus (5) 5-Year Options to Renew
  • Located on North Loop 340 (22.929+ VPD), Directly off of Interstate 35 (112,449+ VPD)
  • 3 Miles from Baylor University, a Private Christian University Located in Waco (20,626 students & 1,385 Staff)
  • High Performing & High Growth Retail Corridor w/ National Tenants – Surrounded by New Construction & Newly Renovated Properties
  • Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
  • Waco | Midpoint Between Dallas and Austin | Population: 136,800+

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