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7 Brew Coffee 974 N Loop 340 510 SF Retail Building Waco, TX 76705 $1,375,000 ($2,696.08/SF) 6% Cap Rate

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Investment Highlights

  • 15-Year Absolute NNN Ground Lease
  • This Location is 3 Miles from Baylor University, Located in Waco (20,626 students & 1,385 Staff) that has 12 Nationally Recognized Academic Divisions.
  • Waco Is the Midpoint Between Dallas and Austin and is Considered “The Heart Of Texas”.
  • Subject Property is Located on North Loop 340 (22.929+ VPD), Directly off of Interstate 35 (112,449+ VPD)
  • High Performing And High Growth Retail Corridor With National Tenants.
  • 7 Brew’s Unique Business Model Centers Solely on Drive-thru Business, with no interior sitdown space in their compact 500-square-foot stands.

Executive Summary

AiCRE Partners is pleased to offer the opportunity to acquire the fee simple interest in the 7Brew Coffee located at 974 N Loop 340 in Waco, Texas. Built in 2024, the ±510 SF freestanding coffee shop sits on a 0.27 acre parcel and is operated under an absolute NNN ground lease.
7 Brew Coffee is a rapidly expanding regional brand in the specialty coffee and fast-casual beverage space, known for its high-quality coffee, espresso drinks, and quick-service convenience. The concept continues to gain traction in Texas and surrounding markets, offering investors an opportunity to participate in a growing segment of the QSR and coffee shop industry.
The property is strategically located along Loop 340, a major arterial roadway in Waco, with excellent visibility. It benefits from proximity to high-traffic retail centers, restaurants, and commercial nodes, attracting strong daytime and commuter traffic. The surrounding trade area features diverse demographics, with average household incomes of just under $60,000 within five miles, supporting consistent consumer demand.
As Waco continues to experience population and economic growth—anchored by Baylor University, regional healthcare centers, and expanding retail corridors—this 7 Brew Coffee location offers investors a compelling combination of a high-performing tenant, prominent visibility, and long-term market fundamentals.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
510 SF
Building Class
B
Year Built
2024
Price
$1,375,000
Price Per SF
$2,696.08
Cap Rate
6%
NOI
$82,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.27 AC

Amenities

  • Drive Thru

Nearby Major Retailers

7 Brew
IHOP
Starbucks
Casa Ole'
Cracker Barrel Old Country Store
United Rentals-equipment & Tool Rentals
CrossFit
PNC Bank
  • Listing ID: 39388064

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 974 N Loop 340, Waco, TX 76705

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