New 7 Brew Drive-Thru

2201 W Texas Ave, Midland, TX

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For Sale

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New construction 7 Brew drive-thru with a long-term NNN lease.

Type:RETAIL

Property size:

510 SF

Lot size:

0.50 Acres

Price / SF:

$3,905/SF

HighLights

15‑year absolute NNN ground lease with 10% rental increases every 5 years & (3) 5‑year options to renew
High traffic location: right off the signalized intersection of W Wall St (14,800+ VPD) & Andrews Hwy (33,567+ VPD)
Adjacent to Midland Memorial Hospital with 2,500+ employees
Strong demographics: average HH income over $133,000 in 1, 3, and 5‑mile radius
High revenue business model: 7 Brew’s unique drive‑thru business model sees over $2.4M in annual revenue
New construction: built in 2024 on 0.48+/- acre site

We can help!

Listing Contact

Kyle Varni

For Sale

Contact for pricing

New construction 7 Brew drive-thru with a long-term NNN lease.

Type:RETAIL

Property size:

510 SF

Lot size:

0.50 Acres

Price / SF:

$3,905/SF

Added:: Apr 25, 2024
Days on Market:: 776
Last Refresh:: May 20 at 10:00 pm

Property Features for 2201 W Texas Ave

General Information

Standard status: Active
Size: 510 SF
Lot size: 0.50 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Kyle Varni

Listing agent Kyle Varni

Listing office Secure Net Lease - Dallas

Listing date Apr 25, 2024

Source Moodyscre

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 Secure Net Lease - Dallas

HighLights

15‑year absolute NNN ground lease with 10% rental increases every 5 years & (3) 5‑year options to renew
High traffic location: right off the signalized intersection of W Wall St (14,800+ VPD) & Andrews Hwy (33,567+ VPD)
Adjacent to Midland Memorial Hospital with 2,500+ employees
Strong demographics: average HH income over $133,000 in 1, 3, and 5‑mile radius
High revenue business model: 7 Brew’s unique drive‑thru business model sees over $2.4M in annual revenue
New construction: built in 2024 on 0.48+/- acre site

Overview

This property features a newly constructed, approximately 510-square-foot building situated on a 0.48-acre site. It is currently under a brand new 15-year absolute NNN ground lease, which includes 10% rental increases every 5 years and three 5-year options to renew. The property is located right off the signalized intersection of W Wall St, with over 14,800 vehicles per day, and Andrews Hwy, with over 33,567 vehicles per day. It is adjacent to Midland Memorial Hospital, the largest hospital in the Midland-Odessa area, which has over 2,500 employees and 225+ beds, and generates over $1.3 billion in revenue. The average household income in a 1, 3, and 5-mile radius is over $133,000. The 5-mile radius has over 135,000 people and an average household income over $151,000. Unlike most coffee chains, 7 Brew’s unique business model centers solely on drive-thru business and sees over $2.4M in annual revenue. Midland is projected to be the fastest-growing mid-sized city in the country, with an MSA population of 338,085.

Property Profile Location Intelligence

Current Use by Public Records

7 Brew Coffee Cafe & Coffee Shop

Suggested Use

Similar Places Nearby

River Coffee Co. — 409 S Pecos St, Midland, TX 79701
Dolores Corner Cafe — 415 W Wall St #104, Midland, TX 79701
Matteos — 508 W Wall St # 150, Midland, TX 79701
Permian Cafe — 2801 S Crd 1180,, Midland, TX 79706
East land Tx — 363-399 W Wall St, Midland, TX 79701

Location Insight

Map
Local Demand

City: Midland
County: Midland
State: Texas
Longitude: -102.099
Latitude: 31.9942

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For sale
Coffee shops
TX
Midland
2201 W Texas Ave

What type of property is this?

Coffee shop - New construction 7 Brew drive-thru with a long-term NNN lease.

Where is this coffee shop located?

The property is located at 2201 W Texas Ave Midland, TX.

What is the asking price?

The asking price for this property is $1,991,700.

What are key features of this property?

This property features: 15‑year absolute NNN ground lease with 10% rental increases every 5 years & (3) 5‑year options to renew; High traffic location: right off the signalized intersection of W Wall St (14,800+ VPD) & Andrews Hwy (33,567+ VPD); Adjacent to Midland Memorial Hospital with 2,500+ employees

2201 W Texas Ave, Midland, TX

New construction 7 Brew drive-thru with a long-term NNN lease.

Property Features for 2201 W Texas Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Highly Visible Midland Office Building

Spacious Midland Flex/Industrial Property

Midland Commercial Property on 2.85 Acres

Midland Commercial Property on Corner

Multi-Building Industrial Flex Complex

Midland Commercial Property For Sale

Premium Office and Warehouse Space

Versatile Building Near Downtown Midland

Retail Site in Growing Corridor

Multi-Use Property in Midland, TX

Midland Shop/Office Combo on Acres

Downtown Midland Office Building For Sale

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