42 Kelley Blvd - Fast Food FOR SALE


Millbrook, AL 36054
$2,457,000 USD
415-852-5177
42 Kelley Blvd, Millbrook, AL for Sale
$2,457,000 USD
Fast Food - FOR SALE
1/7
null | 6.35% Cap Rate

42 Kelley Blvd
Millbrook, AL 36054


HIGHLIGHTS

  • Secured 20-year absolute NNN lease with 7 Brew, a fast-growing drive-thru coffee chain with 200+ locations, ensuring stable income
  • 1% annual rent escalations provide consistent cash flow growth through the initial term and four (4) five-year options, ideal for long-term investors
  • Southern Brew Corp (SBC) holds exclusive rights to develop 79 7 Brew locations across Alabama, Tennessee, and Georgia over the next 8 years.
  • Tenant handles all taxes, insurance, and maintenance, including roof and structure, offering a completely passive investment.
  • 7 Brew’s innovative drive-thru model and loyal customer base drive strong performance in the booming specialty coffee market

OVERVIEW

Sited as a Publix outparcel on AL-14, the property captures 33,189 daily vehicles in Millbrook’s retail corridor. Nearby anchors like Walmart, Lowe’s, and Winn-Dixie generate significant consumer traffic. Its prominent location ensures lasting value appreciation for investors. 7 Brew is responsible for all property expenses, including taxes, insurance, and maintenance of roof and structure. The 20-year lease with four (4) five-year options provides a long-term income generator. Annual 1% rent escalations deliver steady growth over the term. Specialty coffee demand is robust, with Millbrook’s growing population of 58,874 within five miles, up 15.2% since 2010. The site’s high visibility and accessibility cater to commuters and shoppers. Limited drive-thru coffee options position 7 Brew as a go-to destination. Built in 2025, the drive-thru features 7 Brew’s optimized design for rapid service and high throughput. The 1.52-acre parcel supports efficient customer flow and ample queuing space. Modern construction minimizes near-term capital expenditures. The five-mile radius boasts a median household income of $93,949, projected to reach $105,944 by 2029. The projected population growth of 0.48% annually through 2029 sustains demand. Near I-65 (45,619 AADT) and AL-14 (27,098 AADT), the site offers seamless access for local and regional customers. Proximity to Stanhope Elmore High School, with 1,200+ students, drives consistent traffic. Located 9.5 miles from Montgomery’s employment centers, it benefits from commuter and visitor flows.

FOR SALE DETAILS

PRICE

$2,457,000 USD

PRICE/SF

$4,707 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,849 SF

ZONING

-

APN/PARCEL ID

15-09-31-0-002-011000-0

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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