402-B Bryant Blvd San Angelo, TX 76903
- Retail properties
- 570 SF
Current Use by Public Records
- Retail properties
Property Details for 402-B Bryant Blvd
- Year built
- 2023
- Property size
- 570 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, 2023-constructed 7 Brew coffee shop situated on a 19,602 square foot lot in San Angelo, Texas. The property boasts a 570 square foot building with a double drive-thru, perfectly positioned near Angelo State University and major retailers like Walgreens, McDonald's, and Starbucks, benefiting from high visibility on US Hwy 67 (32,523 vehicles per day). The property is offered as an absolute NNN ground lease with a substantial 15-year primary term remaining, providing a passive investment opportunity with minimal landlord responsibilities. The lease includes five, 5-year renewal options, ensuring long-term stability, and features a 10% rent increase every five years, offering protection against inflation. The property generates a strong net operating income (NOI) of $83,000, resulting in a 6.00% cap rate. With 12 parking spaces and 100% occupancy, this investment offers a compelling combination of stability, growth potential, and passive income generation. The property is a single-tenant building with a proven brand, 7 Brew, an emerging drive-thru coffee chain with over 200 locations and recent significant investment. This is a turnkey investment ready for immediate cash flow. The asking price is $1,383,333.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Angelo
- County
- Tom Green
- State
- Texas
- Longitude
- -100.442
- Latitude
- 31.4486
