1918 S 31st St - Fast Food FOR SALE


Temple, TX 76504
$1,636,000 USD
949-221-1803
1918 S 31st St, Temple, TX for Sale
$1,636,000 USD
Fast Food - FOR SALE
1/4
null | 5.5% Cap Rate

1918 S 31st St
Temple, TX 76504


HIGHLIGHTS

  • BRAND NEW CONSTRUCTION, DUAL DRIVE-THRU 7 BREW COFFEE PROPERTY IN TEMPLE TEXAS
  • TEMPLE TX: 21% GROWTH SINCE 2020 / STRATEGICALLY LOCATED ALONG INTERSTATE 35 / NEAR AUSTIN TX & WACO TX
  • TEXAS: THE #2 FASTEST GROWING STATE IN THE COUNTRY (WORLD POPULATION REVIEW)
  • HARD CORNER SITE ADJACENT TO #1 RANKED BAYLOR SCOTT & WHITE HOSPITAL
  • 31ST STREET (37,136 VPD): PRIMARY RETAIL ARTERY IN TEMPLE TX
  • GRAND OPENING MAY 2025

OVERVIEW

TEXAS BROKER OF RECORD...FRANKEL DEVELOPMENT GROUP INC...TREC RE License: 9000477 Faris Lee Investments is pleased to present the rare opportunity to acquire a brand new, dual drive-thru 7 Brew Coffee property in Temple, Texas. The subject property is strategically positioned as a hard-corner parcel with frontage on 31st Street and adjacent to the top-ranked Baylor Scott & White Hospital. The tenant has signed a fresh 10-year ground lease with fixed 10% rental increases occurring every 5 years during the lease term, and expects Grand Opening to occur in May 2025. This brand new 7 Brew Coffee property has zero landlord responsibilities, which creates the ideal investment opportunity for a passive or out-of-state investor seeking a high-performing QSR tenant with best-in-class unit economics, a proven drive-thru-only model, and a rapidly expanding national footprint. The subject property is strategically located in Temple TX, near Interstate 35, which connects nearby Austin TX & Waco TX with Dallas-Fort Worth. The immediate trade area features exceptional demographics, with over 88,000 residents within a 5-mile radius and average household incomes exceeding $84,000. Temple TX is experiencing explosive population growth (increasing by 21% since 2020) with 514,000 residents projected for the metro area by 2028. The surrounding 31st Street corridor hosts an elite lineup of national QSR and retail tenants, including Chick-fil-A, HEB, Walmart Supercenter, and Raising Cane’s. The investment offering is backed by one of 7 Brew’s largest and fastest-growing operators in the country, further enhancing the strength and stability of the opportunity.

FOR SALE DETAILS

PRICE

$1,636,000 USD

PRICE/SF

$3,208 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew DDT | Texas | Low Rent | Abs NNN GL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Convenience Store, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

Commercial

APN/PARCEL ID

415808

ASK ABOUT THIS PROPERTY

Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.