Investment Overview
Fortis Net Lease is pleased to present a brand-new free-standing 7 Brew Coffee located in Sallisaw, OK. At the close of escrow, the tenant, 7 Brew Coffee (7 Venture, an affiliate of K Mac Enterprises) will sign a brand new 20-year ground lease. The Absolute NNN ground lease will require zero landlord responsibilities and 10% rent increases every five years. These rent escalations are also included in the four, five-year option periods.
7 Venture is expanding rapidly and currently operates 40+ locations. They are planning to build a total of 200 locations in North Carolina, South Carolina, Georgia, Florida, Indiana and Oklahoma over the next several years. This will make 7 Venture the largest 7 Brew Franchisee in the Nation.
This is an ideal opportunity for an investor to purchase income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance, and capital expenditures including the roof, structure & HVAC.
Investment Highlights
- Store opening is planned for December 2024
- Located on Main Retail Corridor
- New 20-year Absolute NNN Ground Lease
- Brand New Construction
- Zero Landlord Responsibilities
- Population is more than 10,100 People within 3 Miles
- Median Home Value is More than $39,180 within 3 Miles