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7 Brew | Absolute NNN Ground Lease 876 W Market St 950 SF Retail Building Tiffin, OH 44883 $1,500,000 ($1,578.95/SF) 6% Cap Rate
Investment Highlights
- 14-Years Remaining | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Operator
- Outparceled to a Hobby Lobby Anchored Center | Dense Retail Corridor |Westgate Village Shopping Center | Strong Frontage Visibility
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics in the Immediate Trade Area
Executive Summary
• The tenant has 14 years remaining on the initial term, with three 5-year renewal options, demonstrating long-term commitment to the site
• Brew Team OH, LLC franchisee guaranteed ground lease
• The franchisee, Brew Team OH, LLC, currently operates 11 locations and is actively expanding, with plans to reach 13 stores by June 30, 2026, and 20 locations by year-end 2026
• The lease features 10% rental increases every five years throughout the lease and at the beginning of each option period
• Brew Team OH, LLC franchisee guaranteed ground lease
• The franchisee, Brew Team OH, LLC, currently operates 11 locations and is actively expanding, with plans to reach 13 stores by June 30, 2026, and 20 locations by year-end 2026
• The lease features 10% rental increases every five years throughout the lease and at the beginning of each option period
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2025
Price
$1,500,000
Price Per SF
$1,578.95
Cap Rate
6%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.70 AC
Zoning
C1 - Neighborhood Commercial
Parking
12 Spaces (12.63 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 9
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7 Brew | Absolute NNN Ground Lease | 876 W Market St
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