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7 Brew Coffee | Drive-Thru | New 15-Yr Lease 490 Mary Esther Blvd 540 SF Retail Building Mary Esther, FL 32569 $1,608,333 ($2,978.39/SF) 6% Cap Rate
Investment Highlights
- 7 Brew Drive-Thru Coffee was founded in 2017 and has quickly grown to operate over 600+ locations in 38 states employing over 25,000 Brew Crew members
- Affluent Suburban Market | Average Household Income Within a One & Three-Mile Radius Exceeds $91,000 and Over $100K within a Five-Mile Radius
- Exceptional Traffic Counts | Excellent Visibility and Direct Frontage to Mary Esther BLVD exposing Subject to over 22,500±Average Daily Vehicles
- Adjacent to an Academy Sports-anchored shopping center and less than 1-mile from the $35M Santa Rosa Mall “Live, Work, Play “redevelopment project
- 7 Brew was recently ranked No. 1 in Franchise Times 2026 “Fast & Serious” list & No. 143 in the Top 400 for 2025
- Triple-Net Ground Lease Structure | Providing for passive, long-term income with minimal Landlord Responsibilities & Enhanced Durability of Income
Executive Summary
CBRE is pleased to present the exclusive net-lease offering for a newly constructed 7 Brew Drive-Thru Coffee, comprising approximately 540± square feet of building area situated on a 0.57± acre parcel at 490 Mary Esther BLVD in Mary Esther, Florida.
The property benefits from direct frontage along Mary Esther BLVD — the primary thoroughfare serving the community—providing excellent visibility to over 22,500± vehicles per day. The subject property is strategically located less than one-half mile from the Santa Rosa Mall, a 773,996-sf enclosed mall currently undergoing a $35M redevelopment into a mixed-use destination featuring a grocery anchor, restaurants, and residential units.
The 7 Brew Coffee is secured by an original 15-year, triple-net (NNN) ground lease with five (5) five-year renewal options. Rent is expected to commence on April 25, 2026, with the location targeting a May 2026 opening. The annual base rent is $96,500, with scheduled increases of ten percent (10%) every five (5) years throughout the initial term and each renewal option.
The property benefits from direct frontage along Mary Esther BLVD — the primary thoroughfare serving the community—providing excellent visibility to over 22,500± vehicles per day. The subject property is strategically located less than one-half mile from the Santa Rosa Mall, a 773,996-sf enclosed mall currently undergoing a $35M redevelopment into a mixed-use destination featuring a grocery anchor, restaurants, and residential units.
The 7 Brew Coffee is secured by an original 15-year, triple-net (NNN) ground lease with five (5) five-year renewal options. Rent is expected to commence on April 25, 2026, with the location targeting a May 2026 opening. The annual base rent is $96,500, with scheduled increases of ten percent (10%) every five (5) years throughout the initial term and each renewal option.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$96,500
|
$178.70
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $96,500 |
| Annual Per SF | $178.70 |
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
540 SF
Building Class
B
Year Built
2026
Price
$1,608,333
Price Per SF
$2,978.39
Cap Rate
6%
NOI
$96,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.57 AC
Zoning
C - Commercial
Frontage
77’ on Mary Esther Boulevard
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Professional Car Wash
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Professional Car Wash | - | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-2S-24-0000-0001-006A | Improvements Assessment | $125,068 |
| Land Assessment | $330,738 | Total Assessment | $455,806 |
Property Taxes
Parcel Number
16-2S-24-0000-0001-006A
Land Assessment
$330,738
Improvements Assessment
$125,068
Total Assessment
$455,806
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7 Brew Coffee | Drive-Thru | New 15-Yr Lease | 490 Mary Esther Blvd
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