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5879 Stage Rd
Memphis, TN 38134
7 Brew · Retail Property For Sale
Investment Highlights
- New 15 Year Absolute NNN Ground Lease Signed at COE, Zero Landlord Responsibility.
- More than 68,000 People within 3 Mile Radius 22,765 VPD on Wyoming Blvd.
- Located within the Memphis MSA Tennessee is a Tax Free State.
- 8.0% Increases Every Five Years.
- Median Home Value is $231,700 within 3 Mile Radius Average Household Income $126,000 within 10 Miles.
Executive Summary
Fortis Net Lease is pleased to present a brand new construction 7 Brew Coffee Ground Lease Investment opportunity in Memphis (Bartlett), TN. The tenant, 7B Memphis, LLC will sign a new 15 year absolute NNN Ground Lease at the Close of Escrow making this a hands off investment for the Landlord. The lease will include 8.0% increases every 5 years. These increases will also be included in the Four, 5 year option periods. 7B Memphis currently operates 4 units and will have a total of 10 units open by the end of 2026.
The Franchisee is a 30 year multi concept Operator including Taco Bell, Freddy's Frozen Custard, and 7 Brew. They will be operating Fifty (50) 7 Brew locations by year end 2026 in multiple States. Their have agreed to develop and operate a total of 70+ over the next several years in New Mexico, Texas, Kansas, Oklahoma, Tennessee, and Mississippi. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.
The Franchisee is a 30 year multi concept Operator including Taco Bell, Freddy's Frozen Custard, and 7 Brew. They will be operating Fifty (50) 7 Brew locations by year end 2026 in multiple States. Their have agreed to develop and operate a total of 70+ over the next several years in New Mexico, Texas, Kansas, Oklahoma, Tennessee, and Mississippi. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
525 SF
Building Class
C
Year Built
2025
Price
$1,400,000
Price Per SF
$2,666.67
Cap Rate
6%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
0.83 AC
Zoning
CG-MS - General Commercial | Mixed Use
Amenities
- Drive Thru
Property Taxes
| Parcel Number | B0-156-0-0657 | Improvements Assessment | $294,160 |
| Land Assessment | $86,360 | Total Assessment | $380,520 |
Property Taxes
Parcel Number
B0-156-0-0657
Land Assessment
$86,360
Improvements Assessment
$294,160
Total Assessment
$380,520
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