Brand New Construction 7Brew Coffee 15-Year Absolute NNN Ground Lease in Waxahachie, Texas (Dallas-Fort Worth MSA)
High Growth Market: 36.7% Population Growth in 3-Mile Radius; Suburban Sprawl Continuing Throughout Waxahachie & Red Oak; Majority of Growth is New Construction Single-Family Housing
Absolute NNN Ground Lease with Zero Landlord Responsibilities
10% Rent Increases Every 5 Years of Primary Term & Options
Strong Personal Guaranty from Franchisee who has Rights to Develop 40 Stores in the Dallas Metro, Incl. NE Suburbs & Exurbs
Strong Intrinsic Value in the Real Estate: Top 5 MSA, Rapid Growth & Appreciation, Prime Retail Sites, Large Franchisee Investment in Improvements
Located Along N Hwy 77 with 25,900 VPD – Primary North-South Arterial & Commercial Corridor
Just 0.8-Mile North of Hwy 287 Exit Ramps with 56,800 VPD
Outparcel to Academy Sports & T.J. Maxx-Anchored Center with Other Neighboring Tenants Including Raising Cane’s, Ulta, Show Carnival, Valvoline, Arby’s, McAlister’s Deli, Crumbl Cookies, and More
Future of Retail: Modern, Drive-Thru Only Model Allowing Optimal Efficiency
Coffee is a $90+ Billion Industry with $270 Per Capita Spending in the U.S. in 2022; Strong Anticipated CAGR of 4.3% into 2025
7Brew is Rapidly Growing Drive-Thru Only Coffee Chain Founded in 2016; 45 Locations in Operation in 14 States with Hundreds in Development
7Brew Corporate Majority Ownership is Experienced QSR Operators – Jimmy John’s Founder & Major Pizza Hut Franchisee
Franchisee Expects to Have 11 Stores in Operation by YE 2023; Three in Operation Now with Eight More Stores Opening this Year
Average Franchisee Investment of $1.5 Million Per Store in Building/Improvements/Fixtures, Plus Land Costs
Concentrated Population Density: 34,350/3-Mi & 52,800/5-Mi Population
Waxahachie, TX – County Seat of Ellis County & Dallas Exurb Located Just 20 Minutes from Downtown