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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1480 Knickerbocker Rd San Angelo, TX 76904

510 SF 0.94 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew coffee shop situated on a 0.94-acre lot in San Angelo, Texas. Built in 2023, the property boasts a 15-year net lease with five 5-year renewal options, featuring a 10% rent increase every five years. The strategic location adjacent to Angelo State University (over 10,800 students) and within walking distance of numerous student housing units ensures high traffic and strong demand. The property benefits from a high-traffic location off Knickerbocker Road (23,500+ vehicles per day) and S Jackson Street (12,700+ vehicles per day), surrounded by established national QSR brands including Chick-fil-A, Raising Cane's, Taco Bell, and Burger King. The tenant, 7 Brew, is a high-performing coffee QSR with an average annual revenue of $2.4 million. The property offers a 6.15% cap rate and a strong corporate guarantee, making it an attractive investment with significant long-term potential. The asking price is $1,658,500, representing a price per square foot of $3,251.96. The property's Net Operating Income (NOI) is $102,000. This is a rare opportunity to acquire a high-performing, net-leased property in a thriving college town market with exceptional growth prospects. The property is 100% occupied. Tom Green County, Texas, zip code 76904.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 510 SF
Lot 0.94 ac (40,946 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 7 Brew Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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