7 Brew San Angelo, TX

1480 Knickerbocker Road
San Angelo, TX

Price: $1,658,500
Cap Rate: 6.15%
NOI: $102,000
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 0.94 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 510+/- SF Building on 0.94+/- Acre Site
  • Brand New 15-Year Ground Lease With (5) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
  • Located Off Knickerbocker Rd (23,500+ VPD) & S Jackson St (12,700+ VPD)
  • Strategically Located Adjacent to Angelo State University (10,800+ Students) – Within Walking Distance of 1,000+ Units of Student Housing
  • Strong Neighboring Tenants Include Chick-Fil-A, Raising Cane’s, Taco Bell, Burger King, and More
  • 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M
  • San Angelo | Home to Angelo State University – Ranked as One of the Nation’s Best Colleges | Population: 99,401+