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621 Oglethorpe hwy
Hinesville, GA 31313

7-Brew - Hinesville, GA · Land For Sale · 2.04 AC

Investment Highlights

  • Absolute NNN Lease | 20 Year Lease
  • Lease Guaranteed by 7 Venture Inc (K-MAC) | Largest 7 Brew Franchisee in the System
  • 23,500 Vehicles Per Day
  • Brand New 2023 Construction
  • 7 Ventures Inc has 22 Locations Open with an Additional 10 Open by the End of the Year
  • Average Household Income of $65,025 in Immediate 1-Mile Radius

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Fast Food
Total Lot Size 2.04 AC

Description

Marcus & Millichap is pleased to present for sale this 7 Brew Coffee located at 621 West Oglethorpe Highway in Hinesville, Georgia. The City of Hinesville is the county seat and largest city in Liberty County and is one of the fastest growing cities in the State of Georgia in both size and population. Located 3 miles from the property is Fort Stewart, a 280,000-acre United States Army post with roughly 9,800 people. The tenant, 7 Venture Inc, an affiliate of K-MAC Enterprises, has signed a 20- year lease with one percent annual increases including four, 5-year options. K-MAC Enterprises operates more than 320 restaurant locations for Taco Bell, Whataburger and 7 Brew Coffee. 7 Venture currently has 22 open and operating locations and with another 10 expected online by the end of 2023. Beyond 2023, 7 Venture is planning to build a total of 200 locations in North Carolina, Georgia, Florida, Indiana and Oklahoma over the next several years. The property benefits from the 23,500 vehicles per day on West Oglethorpe Highway and the 55,282 residents in a five-mile radius with an average household income of $61,377. There are many National and Regional tenants in the immediate area including Dick’s Sporting Goods, Hobby Lobby, Five Below, PetSmart, TJMaxx, Tractor Supply, Walmart Supercenter, Lowe’s Home Improvement, Kroger, Big Lots, Bealls, Harbor Freight Tools, Planet Fitness, many National and Regional restaurant chains and many others. 7 Brew is so much more than just a coffee stand. It’s the concept of cultivating kindness and joy with every drink – through our service, speed, quality, energy and atmosphere. It’s contagious and it’s changing the drive-thru coffee industry. 7 Brew has plans for 300+ new locations by 2023 and has signed 2,700 unit development agreements.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
057D-008
Land Assessment
$275,730
Improvements Assessment
$1,015,977
Total Assessment
$1,291,707

zoning

Zoning Code General Commercial
General Commercial
  • Listing ID: 29958530

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: 621 Oglethorpe hwy, Hinesville, GA 31313

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