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3131 N 16th St
Orange, TX 77630
7 Brew Ground Lease | Houston Area · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- New 15-year absolute NNN ground lease to 7 Brew, a rapidly growing coffee chain with expansion fueled by its innovative double-lane drive-thru model.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- 7 Brew is now the second-largest drive-thru-only coffee chain in America behind Dutch Bros.
- 10% rental increases every five years deliver steady growth through the initial term and four (4) five-year options.
- As of June 2025 the brand operates over 420 locations, up from just seven locations in 2021.
- The company projects 228 new franchised locations and 14 company-owned stores to open in 2025.
EXECUTIVE SUMMARY
This property offers a high-visibility, easily accessible location near the signalized intersection of Texas State Route 87 and Lutcher Drive, with a combined traffic count of over 24,000 vehicles per day. Just minutes away, a new 43-acre shopping center is planned at Martin Luther King Jr. Drive and Interstate 10, establishing Orange as a premier retail gateway for travelers entering Texas from Louisiana along the busy I-10 corridor. The site is also strategically positioned near major industrial and energy employers, including the Golden Triangle Polymers facility, Dow Chemical Sabine River Plant, and the Entergy Orange County Advanced Power Station—together representing billions of dollars in capital investment and thousands of jobs that drive long-term economic stability. Located only 0.1 miles from a future H-E-B relocation and surrounded by top national and local retailers such as The Home Depot, Kroger, Tractor Supply Company, Planet Fitness, and Chick-fil-A, the property benefits from strong traffic drivers. Additionally, projected population and income growth within a 1-, 3-, and 5-mile radius over the next five years positions both this 7 Brew location and the Orange market for steady, sustained growth.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
510 SF
Building Class
C
Year Built
2025
Price
$2,000,000
Price Per SF
$3,921.57
Cap Rate
5.50%
NOI
$110,040
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
0.27 AC
Opportunity Zone
Yes
PROPERTY TAXES
| Parcel Number | 000171-000401 | Improvements Assessment | $212,642 |
| Land Assessment | $58,410 | Total Assessment | $271,052 |
PROPERTY TAXES
Parcel Number
000171-000401
Land Assessment
$58,410
Improvements Assessment
$212,642
Total Assessment
$271,052
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