• The tenant currently has 14 years remaining on their initial lease with 3 (5-Year) options to extend, demonstrating their commitment to the site
• The lease features 10% increases every 5 years during the initial lease and at the beginning of each option, growing NOI and hedging against inflation
• The lease is guaranteed by, 7 Crew Enterprises LLC, who currently operates 33+ locations as well as two personal guarantees from the franchisee founders, throughout Texas, Oklahoma, Florida, and Colorada, with another 30+ under development
• 7 Brew has 3,000 units sold to franchisee partners
• The subject property is a 1,640 SF building featuring a double drive-thru, offering superior intrinsic value compared to 7Brew’s standard 950 SF modular stand prototype
• 7 Brew is one of the fastest growing coffee chains in the U.S. with over 350 locations across 32 states