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7 Brew Coffee | OH | Drive Thru 1.23 Acres 6675 Pearl Rd 560 SF Retail Building Parma Heights, OH 44130 $2,485,000 ($4,437.50/SF) 6.25% Cap Rate



Investment Highlights
- New Construction, Dual Drive-Thru 7 Brew Coffee property in Cleveland OH MSA
- 1.23 AC property with frontage on Pearl Road, the primary north-south commercial artery connecting Parma Heights to downtown Cleveland and surrounding
- Less than 1.0 mile from Cuyahoga Community College (12,000+ students)
- Cleveland OH MSA: 2.1M+ residents / one of the largest metro areas in Midwest U.S.
- Adjacent to Southland Shopping Center (4.7M visits per Placer.ai)
- Rare Annual Rental Increases throughout lease term
Executive Summary
OHIO BROKER OF RECORD ... TERRA NATIONAL REAL ESTATE GROUP ... License No. 2002010929
Faris Lee Investments is pleased to present the opportunity to acquire a dual drive-thru 7 Brew Coffee property in the Cleveland, OH MSA. The asset is secured by an Absolute NNN ground lease featuring rare 1.75% annual rental increases, offering investors a passive, inflation-hedged income stream with zero landlord responsibilities and increasing annual cash flow throughout the lease term. Strategically positioned with frontage on the primary north-south corridor connecting Parma Heights to downtown Cleveland, the site benefits from strong retail synergy from Southland Shopping Center (4.7 million annual visits per Placer.ai). The property is operated by a best-in-class QSR company with 400+ restaurant units nationwide and $786+ million in sales revenue per the Franchise Times Restaurant 200 Report. Located within the dense and affluent Cleveland MSA, home to more than 2.1 million residents, this offering represents a premier opportunity to acquire an Absolute NNN 7 Brew Coffee investment property in one of the Midwest’s strongest markets.
Faris Lee Investments is pleased to present the opportunity to acquire a dual drive-thru 7 Brew Coffee property in the Cleveland, OH MSA. The asset is secured by an Absolute NNN ground lease featuring rare 1.75% annual rental increases, offering investors a passive, inflation-hedged income stream with zero landlord responsibilities and increasing annual cash flow throughout the lease term. Strategically positioned with frontage on the primary north-south corridor connecting Parma Heights to downtown Cleveland, the site benefits from strong retail synergy from Southland Shopping Center (4.7 million annual visits per Placer.ai). The property is operated by a best-in-class QSR company with 400+ restaurant units nationwide and $786+ million in sales revenue per the Franchise Times Restaurant 200 Report. Located within the dense and affluent Cleveland MSA, home to more than 2.1 million residents, this offering represents a premier opportunity to acquire an Absolute NNN 7 Brew Coffee investment property in one of the Midwest’s strongest markets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
560 SF
Building Class
B
Year Built
2023
Price
$2,485,000
Price Per SF
$4,437.50
Cap Rate
6.25%
NOI
$155,296
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.23 AC
Zoning
Commercial
Amenities
- 24 Hour Access
- Signage
- Drive Thru
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 473-25-033 | Improvements Assessment | $101,955 |
| Land Assessment | $225,820 | Total Assessment | $327,775 |
Property Taxes
Parcel Number
473-25-033
Land Assessment
$225,820
Improvements Assessment
$101,955
Total Assessment
$327,775
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