7 Brew | 1445 S Nova Rd
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7 Brew 1445 S Nova Rd
520 SF 4-Star Retail Building Daytona Beach, FL 32114 $2,333,000 ($4,487/SF) 6% Cap Rate
Investment Highlights
- Brand New Construction 7 Brew | Growing Drive-Thru Only Rapid Service Coffee Concept | Largest 7 Brew Franchisee w/ 39+ Locations across 6 states
- Strong Retail Corridor | Located on S Nova Rd (37,000 VPD) & 1,000 ft from the Intersection of Beville Rd & S Nova Rd (63,074 VPD)
- Excellent Visibility & Access | Outparcel to Planet Fitness, American Freight, BioLife Plasma Services
- Absolute NNN Ground Lease | 20-Year Primary Term plus Options | 1.00% Annual Rental Increases
- 3.6 Mi from Daytona Boardwalk Amusements | 1.5 Mi from Daytona Beach International Airport / 2.8 Mi from Daytona International Speedway
- Diverse Economic Center | Strong Demographics in Trade Area
Executive Summary
Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire a single-tenant, net leased 7 Brew in Daytona Beach, FL.
NNN (GL) Lease Structure
20 Years of Lease Term Remaining
Leased Fee Ownership Interest
NNN (GL) Lease Structure
20 Years of Lease Term Remaining
Leased Fee Ownership Interest
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
520 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,333,000
Price Per SF
$4,487
Cap Rate
6%
NOI
$139,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.67 AC
Zoning
Restaurant Drive In - Drive In Restaurants / Commercial
Frontage
208 FT on South Nova Road
Bike Score ®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5340-36-00-0050 | Improvements Assessment | $44,803 |
Land Assessment | $398,929 | Total Assessment | $443,732 |
PROPERTY TAXES
Parcel Number
5340-36-00-0050
Land Assessment
$398,929
Improvements Assessment
$44,803
Total Assessment
$443,732
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7 Brew | 1445 S Nova Rd
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