7 Brew Montrose, CO

1433 Encanto Place
Montrose, CO

Price: $1,467,000
Cap Rate: 6.00%
NOI: $88,000
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 0.64 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 510+/- SF Building on 0.64+/- Acre Site
  • Brand New 15-Year Ground Lease With (5) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
  • Hard Corner Signalized Location On Townsend Ave & Encanto Pl (34,100+ VPD)
  • First 7 Brew Location in Colorado – 7 Brew Started in 2017 & Has Grown to over 175 Locations Nationwide
  • Less than 9 Miles From Black Canyon of the Gunnison National Park – American National Park w/ Over 190,000 Tourist Visitors Per Year
  • 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M
  • Montrose¬† | 40 Miles from Telluride & 50 Miles from Grand Junction | Population: 20,098+

Copyright © 2024 Secure Net Lease.