• The tenant currently has 14 years remaining on their initial lease with 3 (5-Year) options to extend, demonstrating their commitment to the site
•. Depreciation Benefits - At all times while this lease is in force and effect, title to the Improvements shall belong Soley to Landlord. Under the terms of the ground lease, the
Landlord maintains ownership of the existing building and improvements. As a result, the Landlord retains the right to depreciate the building for tax purposes throughout
the lease term
• The lease features 10% increases every 5 years during the initial lease and at the beginning of each option, growing NOI and hedging against inflation
• The lease is guaranteed by, 7 Crew Enterprises LLC, who currently operates 33+ locations as well as two personal guarantees from the franchisee founders, throughout Texas, Oklahoma, Florida, and Colorada, with another 30+ under development
• 7 Brew has 3,000 units sold to franchisee partners
• The subject property is a 1,640 SF building featuring a double drive-thru, offering superior intrinsic value compared to 7Brew’s standard 950 SF modular stand prototype
• 7 Brew is one of the fastest growing coffee chains in the U.S. with over 350 locations across 32 states