7 Brew | Ground Lease Flowood, MS

137 E Pineview Dr
Flowood, MS

Price: $1,923,000
Cap Rate: 6.50%
NOI: $125,000
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 1.16 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2023

Investment Overview

  • 2023 Construction. 510+/- SF Building on 1.16+/- Acre Site
  • New 20-Year Ground Lease with 10% Rental Increases Every 5 Years Plus (4), 5-Year Options to Renew
  • Located on Lakeland Dr (38,000+ VPD), the Main East-West Corridor of Flowood that Leads into Jackson
  • Part of a Massive 100+ Acre Mixed Use Development with a Proposed 2 Mile Trail that will Connect 23,000 Homes to this Development
  • One of the Fastest Growing Areas in the State of Mississippi, & 1,3,5 Mile Radius Average HH Income is Over $115,000
  • Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
  • Flowood  | 5 Miles from Jackson | Population: 157,026+