NNN Leased 7 Brew
For Sale
Contact for pricing
2816 Joseph Cannon Wy, Marion, IL
Absolute NNN leased 7 Brew Coffee investment property.
Property SizeContact for details
Lot Size0.01 Acres
Days on Market571
Property Features for 2816 Joseph Cannon Wy
General Information
Standard status
Active
Lot size
0.01 Acres
Property subtype
LAND
Listing Agency:
SRS Industrial - Newport Beach
(949) 698-1100
Listed By:
Patrick R. Luther, CCIM
(949) 698-1115
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Sep 23
Last Checked: Oct 4 at 11:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased 7 Brew Coffee investment property located in Marion, Illinois. The tenant, Brew Horizons LLC, recently signed a new 15-year lease with six 5-year options to extend. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The franchisee is a 25-unit franchisee who has invested $40 million in cash into the business, with a $150 million equity commitment from investors.
Key Highlights
- Absolute NNN lease offers a management‑free, passive investment.
- Brand new 15‑year lease with 6 (5‑year) options shows tenant commitment.
- 10% rental increases every 5 years, hedging against inflation.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Absolute NNN leased 7 Brew Coffee investment property.
Where is this commercial land located?
The property is located at 2816 Joseph Cannon Wy Marion, IL.
What is the asking price?
The asking price for this property is $1,538,000.
What are key features of this property?
This property features: Absolute NNN lease offers a management‑free, passive investment.; Brand new 15‑year lease with 6 (5‑year) options shows tenant commitment.; 10% rental increases every 5 years, hedging against inflation.
