7 Brew Coffee DT | 15 Yr Abs NNN | Fee Simple 3231 Palmer Hwy 510 SF 100% Leased Retail Building Texas City, TX 77590 $1,969,000 ($3,860.78/SF) 6.55% Cap Rate

TEXAS BROKER OF RECORD ... FRANKEL DEVELOPMENT GROUP INC ... TREC RE License: 9000477
Faris Lee Investments is pleased to present the rare opportunity to acquire the fee simple interest in a brand new, dual drive-thru 7 Brew Coffee property located in the Houston TX MSA. The subject property, which celebrated its Grand Opening in February 2026, is strategically located in the primary commercial corridor of Texas City with adjacent grocery-center and QSR synergies. The offering is secured by a brand-new 15-year Absolute NNN lease featuring 10% rental increases every five years, which will commence at the close of escrow. Fee simple ownership of both land and building allows the investor to capture potential depreciation and cost segregation benefits, and the asset’s zero landlord responsibilities make it an ideal opportunity for a passive or 1031 exchange investor.
The subject property is strategically positioned on the primary commercial artery (Palmer Highway) in Texas City and directly adjacent to two (2) grocery-anchored shopping centers. The two grocery-anchored centers combine for over 6.7 million visitors in the last 12 months (per Placer.ai). The surrounding corridor includes Chick-fil-A, McDonald’s, Taco Bell, Starbucks, and more. Retailers and QSR tenants draw customers from multiple cities nearby, thus the trade area boasts nearly 180,200 residents within a 10-mile radius. Located within the Houston TX MSA, the #2 fastest-growing major metro in the country, and backed by Texas’ pro-business environment with no state income taxes, this offering represents a premier opportunity to acquire a brand-new, fee simple, Absolute NNN 7 Brew Coffee investment property in one of Texas’ most strategically positioned markets.