7 Brew | 1480 Knickerbocker Road
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7 Brew 1480 Knickerbocker Road
510 SF Retail Building San Angelo, TX 76904 $1,658,500 ($3,252/SF) 6.15% Cap Rate
Investment Highlights
- Brand New 15-Year Ground Lease With (5) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
- Strategically Located Adjacent to Angelo State University (10,800+ Students) – Within Walking Distance of 1,000+ Units of Student Housing
- 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M
- Located Off Knickerbocker Rd (23,500+ VPD) & S Jackson St (12,700+ VPD)
- Strong Neighboring Tenants Include Chick-Fil-A, Raising Cane’s, Taco Bell, Burger King, and More
- San Angelo | Home to Angelo State University – Ranked as One of the Nation’s Best Colleges | Population: 99,401+
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
510 SF
Year Built
2023
Price
$1,658,500
Price Per SF
$3,252
Cap Rate
6.15%
NOI
$102,005
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
0.94 AC
Nearby Major Retailers
1 of 6
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7 Brew | 1480 Knickerbocker Road
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