699 Howe Ave - Fast Food FOR SALE


Cuyahoga Falls, OH 44221
$1,956,000 USD
602-687-6766
699 Howe Ave, Cuyahoga Falls, OH for Sale
$1,956,000 USD
Fast Food - FOR SALE
1/6
null | 6.75% Cap Rate

699 Howe Ave
Cuyahoga Falls, OH 44221


HIGHLIGHTS

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Brand New 2024 Construction with Two Drive-Thru Lanes
  • Tenant Currently has Sixteen 7 Brew Locations Open - 22 More Scheduled to Open Later This Year - 60+ Unit Franchise Agreement
  • Tenant’s Sister Company is Pacific Bells, One of the Largest Taco Bell Franchisees in the U.S. with 60 Units in Ohio Alone
  • 204,816 Residents within a 5-Mile Radius in Densely Populated Akron Suburb

OVERVIEW

Recognized as QSR Magazine’s Breakout Brand of 2023, 7 Brew Coffee founded its first coffee stand in 2017 in Rogers, Arkansas. 7 Brew has grown to over 340 locations in several states throughout the South, Midwest, and East Coast. The brand is rapidly expanding, having opened more than 120 new stores in 2024. By the end of 2025, 7 Brew aims to have opened 250 new locations. Cuyahoga Falls, home to over 51,000 residents, is the second-largest city in Summit County, Ohio. Cuyahoga Falls is situated just north of Akron and is part of the Akron metropolitan area.

FOR SALE DETAILS

PRICE

$1,956,000 USD

PRICE/SF

$782 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,247 SF

ZONING

-

APN/PARCEL ID

02-18994

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.