7 Brew
510 SF | Retail Building | San Angelo, TX 76904 | $1,658,500 ($3,252/SF) | 6.15% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,658,500
- Property Type
-
Retail
- Square Feet
- 510 SF
- Price / Square Foot
- $3,252
Listing Contacts
Kyle Varni
Verified Profile
Bob Moorhead
Verified Profile
- Property Info
Property Details
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 40,946 SF
Highlights
- Brand New 15-Year Ground Lease With (5) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
- Located Off Knickerbocker Rd (23,500+ VPD) & S Jackson St (12,700+ VPD)
- Strategically Located Adjacent to Angelo State University (10,800+ Students) – Within Walking Distance of 1,000+ Units of Student Housing
- Strong Neighboring Tenants Include Chick-Fil-A, Raising Cane’s, Taco Bell, Burger King, and More
- 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M
- San Angelo | Home to Angelo State University – Ranked as One of the Nation’s Best Colleges | Population: 99,401+
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