PROPERTY HIGHLIGHTS
• New, 15-year, absolute NNN ground lease with 10% rental increases every 5 years throughout the initial term and options
• New construction asset
• Lease is guaranteed by 7Crew Enterprises, LLC who currently has 27+ units open (30+ expected by year-end) with exclusive rights to parts of TX, FL, CO, NM, and OK | Speak with Agent for details
• Outparcel to a Home Depot-anchored shopping center and adjacent to a new construction Smalls Sliders
• Located just off the signalized intersection of Davis Highway & Brent Lane which boasts a combined ±71,570 VPD
• Site is walking distance to:
• Cordova Mall | The largest and most upscale shopping center in the Pensacola area and the primary hub of the Cordova business district | ±930,000 SF anchored by Dillard’s, DICK’S, and Best Buy
• Ascension Sacred Heart Hospital | 566-bed hospital and includes the only children’s hospital in Northwest Florida
• I-110 which boasts ±68,450 VPD
• Baptist Hospital | 264-bed Level II Trauma Center
• A Target and Winn-Dixie-anchored shopping center
• A Publix-anchored shopping center
• Pensacola Square | A Hobby Lobby, bealls, and Big Lots-anchored shopping center
• Booker T. Washington High School | 1,778 students
• Cordova Commons | Shopping center anchored by Marshalls, Total Wine & More, and The Fresh Market
• Select Specialty Hospital – Pensacola | 60-bed facility
• A T.J. Maxx & HomeGoods-anchored shopping center
• Shopping centers anchored by Sam’s Club, Lowe’s, AMC, among others
• Asset is located in an income tax-free state
• Within 2 miles of:
• Pensacola State College | ±26,000 students
• Pensacola International Airport | 2.73MM+ annual passengers
• University Town Plaza | Shopping center anchored by BJ’s, JCPenney, Academy Sports + Outdoors, and Conn’s HomePlus
• Dense area | Over 63,000 residents within a 3-mile radius
7 BREW COFFEE HIGHLIGHTS
• 7 Brew is one of the fastest growing coffee chains in the U.S. with about 300 locations across 31 states | The concept is closing in on 3,100 franchised units sold and has already signed franchisee agreements with “best-in-class franchisees” such as Tacala Companies and K-Mac
Enterprises which are among the largest Taco Bell operators in the U.S.
• 7 Brew has an AUV of ±$2MM | Speak with Agent for details
• Blackstone, the world’s largest alternative asset manager, recently made a growth equity investment in 7 Brew Coffee | Blackstone has more than $1 trillion in assets under management
• The U.S. Coffee Market is expected to reach $28.06B in 2024 and is projected to grow at a CAGR of 3.69% annually by 2029
• Blackstone Announces Growth Investment in 7 Brew