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Cuyahoga Falls, OH (Akron MSA) 44221
7 Brew Coffee Ground Lease
Property Address
699 Howe Avenue, Cuyahoga Falls, OH, USA
Offering Summary
Price:
$1,956,000
Lot Size:
27247 SF
Cap Rate:
6.75%
Year Built:
2024
Building SF:
510
Status:
Available
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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
Situated in Cuyahoga Falls’ Primary Retail Corridor, Surrounded by National Tenants Including Target, Sam’s Club, Giant Eagle, and The Home Depot
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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