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7 Brew | New 15yr Abs NNN w/ Incrs 7753 Beechmont Ave 510 SF Retail Building Cincinnati, OH 45255 $1,680,000 ($3,294.12/SF) 6.25% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Franchisee Guaranteed | Scheduled Rental Increases | Brand New Construction
- Beechmont Ave (22,300 VPD) | Interstate 275 (60,400 VPD) | Anderson Towne Center (506,000 SF) | Primary Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
• Tenant recently signed a brand-new, 15-year lease with 3 (5-year) option periods to extend
• Lease is franchisee guaranteed by Motley 7 Brew, LLC (26 locations)
• Franchisee operates a total of 26+ 7-Brew locations
• Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Brand-new, state-of-the-art construction
• Lease is franchisee guaranteed by Motley 7 Brew, LLC (26 locations)
• Franchisee operates a total of 26+ 7-Brew locations
• Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Brand-new, state-of-the-art construction
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
510 SF
Building Class
B
Year Built
2015
Price
$1,680,000
Price Per SF
$3,294.12
Cap Rate
6.25%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Lot Size
49.00 AC
Parking
6 Spaces (11.76 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Monument Signage
Walk Score®
Very Walkable (70)
Nearby Major Retailers
1 of 8
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7 Brew | New 15yr Abs NNN w/ Incrs | 7753 Beechmont Ave
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