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7 Brew | 15yr Sale-Leaseback | Abs NNN GL 2665 Navarre Ave 950 SF Retail Building Oregon, OH 43616 $1,500,000 ($1,578.95/SF) 6% Cap Rate
Investment Highlights
- 15-Year Sale-Leaseback | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Franchisee
- High Traffic Counts | Strong Frontage Visibility | Dense Retail Corridor | Located Near Multiple Hospitals
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics in the Immediate Trade Area
Executive Summary
• The tenant will execute a brand new 15-year lease at close of escrow with (4) 5-year renewal options, demonstrating long-term commitment to the site
• Brew Team OH, LLC franchisee guaranteed ground lease
• The franchisee, Brew Team OH, LLC, currently operates 11 locations and is actively expanding, with plans to reach 13 stores by June 30, 2026, and 20 locations by year-end 2026
• The Lease features 10% rental increases every five years throughout the lease and at the beginning of each option period
• Brew Team OH, LLC franchisee guaranteed ground lease
• The franchisee, Brew Team OH, LLC, currently operates 11 locations and is actively expanding, with plans to reach 13 stores by June 30, 2026, and 20 locations by year-end 2026
• The Lease features 10% rental increases every five years throughout the lease and at the beginning of each option period
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
950 SF
Building Class
C
Year Built
2025
Price
$1,500,000
Price Per SF
$1,578.95
Cap Rate
6%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Zoning
C1 - Neighborhood Commercial
Parking
12 Spaces (12.63 Spaces per 1,000 SF Leased)
Frontage
151’ on Navarre Ave
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 44-21274 | Improvements Assessment | $123,550 |
| Land Assessment | $119,385 | Total Assessment | $242,935 |
Property Taxes
Parcel Number
44-21274
Land Assessment
$119,385
Improvements Assessment
$123,550
Total Assessment
$242,935
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7 Brew | 15yr Sale-Leaseback | Abs NNN GL | 2665 Navarre Ave
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