New 7 Brew w/ Drive-Thru | 15-Yr Abs NNN Term

Kentucky Broker of Record: Justin Baker / TRIO Commercial Property Group / License No: 204053
Faris Lee Investments is pleased to present the rare opportunity to acquire a brand new 7 Brew, double drive-thru, long-term ground lease located in the affluent MSA of Louisville KY. The investment includes a signed personal guaranty from the largest 7 Brew franchisee, Brew
Crew, with 62 locations open and over 100 projected locations to be open by the end of 2025. The subject property is part of Stern Preston Center with Thorton’s, Mike’s Car Wash, a Chick-Fil-A which is open and operating, and Chipotle, expected in Q1 of 2025. The property offers excellent ingress/ egress for customers and passing traffic from Preston Hwy (55,349+ VPD) to visit the center. This quick-service coffee restaurant is set to open in Q3 2024, and will be commencing a new 15+ year lease with 10% rental increases occurring every 5 years of the lease term. This newly constructed 7 Brew property has zero landlord responsibilities, which makes it the ideal investment opportunity for a passive investor or 1031 Exchange Buyer looking for a fast food QSR property to purchase. In addition, the subject property is located near the major distribution hub of Louisville, KY, which is experiencing high growth with top employers such as Amazon, UPS Worldport, Ford, Best Buy Logistics, and KMG Fabrication
7 Brew is a QSR brand taking over the beverage sector by storm. Highly desired by investors because of the beverage product and simple concept, 7 Brew is growing rapidly across the United States. Founded in Arkansas during 2017, the company is now planning for over 3,000 stores nationwide. 7 Brew operates by the principal of serving all customers in less than 5 minutes from when they enter the drive-thru lane. The company’s beverage selections, efficiency, and double-drive-thru equipped properties make the concept highly attractive to consumers.
The subject property is located at the signalized hard corner of Preston Hwy with approximately 55,349 VPD and has excellent visibility. The development is the only parcel along Preston Highway with direct access, a feature that is extremely rare for this limited access highway. In addition, the subject property sits in a dynamic trade area with nearby major retailers, such as Walmart, Lowe’s, Kroger, Meijer, and Cinemark, make it an attractive investment opportunity. The property’s demographics are also impressive, with a population of 129,404 and an average household income of $87,866 within a 5-mile radius.