490 Mary Esther Blvd - Fast Food FOR SALE


Mary Esther, FL 32569
$1,608,333 USD
914-552-1488
490 Mary Esther Blvd, Mary Esther, FL for Sale
$1,608,333 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

490 Mary Esther Blvd
Mary Esther, FL 32569


HIGHLIGHTS

  • 7 Brew Drive-Thru Coffee was founded in 2017 and has quickly grown to operate over 600+ locations in 38 states employing over 25,000 Brew Crew members
  • Adjacent to an Academy Sports-anchored shopping center and less than 1-mile from the $35M Santa Rosa Mall “Live, Work, Play “redevelopment project
  • Affluent Suburban Market | Average Household Income Within a One & Three-Mile Radius Exceeds $91,000 and Over $100K within a Five-Mile Radius
  • 7 Brew was recently ranked No. 1 in Franchise Times 2026 “Fast & Serious” list & No. 143 in the Top 400 for 2025
  • Exceptional Traffic Counts | Excellent Visibility and Direct Frontage to Mary Esther BLVD exposing Subject to over 22,500±Average Daily Vehicles
  • Triple-Net Ground Lease Structure | Providing for passive, long-term income with minimal Landlord Responsibilities & Enhanced Durability of Income

OVERVIEW

CBRE is pleased to present the exclusive net-lease offering for a newly constructed 7 Brew Drive-Thru Coffee, comprising approximately 540± square feet of building area situated on a 0.57± acre parcel at 490 Mary Esther BLVD in Mary Esther, Florida. The property benefits from direct frontage along Mary Esther BLVD — the primary thoroughfare serving the community—providing excellent visibility to over 22,500± vehicles per day. The subject property is strategically located less than one-half mile from the Santa Rosa Mall, a 773,996-sf enclosed mall currently undergoing a $35M redevelopment into a mixed-use destination featuring a grocery anchor, restaurants, and residential units. The 7 Brew Coffee is secured by an original 15-year, triple-net (NNN) ground lease with five (5) five-year renewal options. Rent is expected to commence on April 25, 2026, with the location targeting a May 2026 opening. The annual base rent is $96,500, with scheduled increases of ten percent (10%) every five (5) years throughout the initial term and each renewal option.

FOR SALE DETAILS

PRICE

$1,608,333 USD

PRICE/SF

$2,978 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee | Drive-Thru | New 15-Yr Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C

APN/PARCEL ID

16-2S-24-0000-0001-006A

ASK ABOUT THIS PROPERTY

914-552-1488

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914-552-1488

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