Faris Lee Investments is pleased to present the rare opportunity to acquire a brand new, dual drive-thru, long-term ground leased 7 Brew Coffee property in Bradenton, Florida. The subject property is an outparcel located within Palma Sola Square, a 120,000 square foot daily-needs shopping center anchored by a brand new ALDI grocery store. Within a 5-mile radius of the brand new 7 Brew location, there are more than 148,000 residents. This quick service coffee restaurant has commenced a fresh 10-year lease with multiple options to renew, and fixed 10% rental increases every 5 years. Additionally, this 7 Brew investment property has zero landlord responsibilities, which makes it the ideal investment opportunity for a passive or out-of-state investor looking for a high-performing QSR tenant with a strong brand identity, quality product, and explosive brand growth nationwide.
The subject property has direct frontage and visibility on Manatee Avenue West (45,000 VPD), a major traffic artery in Bradenton that connects the community with national retailers, local beaches, and the Interstate 75 freeway (113,500 VPD). This brand new 7 Brew location also benefits from the proximity and synergy of national retailers / QSR tenants including: Publix, Target, Taco Bell, McDonald’s, Wawa, and more. In 2021, Bradenton FL ranked #2 in net population growth across the United States. The immense population growth and national retail / grocery presence will serve this new 7 Brew Coffee location well, and provides a rare investment opportunity.