This property has sold.

Details: Retail

Asking Price: $19,167,797

Square Feet: 510 SF

Asking Cap Rate: 5.9%

Year Built: 2023

NOI: $141,883

Lease Structure: Absolute NNN

SOLD – 7 Brew Portfolio

  • Seven Brew is “arguably the Fastest Growing Franchise in history” (3,000+ units committed).
  • On track to achieve $1B+ in system sales.
  • Average unit volume ~36% Higher Than Dutch Bros Coffee ~40% higher than Starbucks and ~74% higher than Dunkin’ Donuts!
  • Average sales per square foot of more than $4604!
  • K-MAC is one of the Largest Restaurant Operators in the U.S. with more than 320 units (Taco Bell, Whataburger, & 7-Brew).
  • K-MAC 2022 annual revenue of $530,000,000.
  • Plan to have open and operating 40 Locations by end of 2023.
  • Over 200 Locations planned for development (North Carolina, South Carolina, Georgia, Florida, Indiana, and Oklahoma) over next several years.

This property has sold.