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7 Brew & TitleMax 1001 E Highway 377 2,370 SF 100% Leased Retail Building Granbury, TX 76048 $3,356,109 CAD ($1,416.08 CAD/SF) 6% Cap Rate
Investment Highlights
- Premier Retail Corridor | Adjacent to Walmart Supercenter (Top 79% Nationally)
- Rare Opportunity to Acquire Two Upscale National Brands
- Exceptional Population Growth | Rapidly Expanding Trade Area
- Premier Location Within a Highly Desirable Texas Recreational Destination
Executive Summary
Surmount is pleased to present the exclusive listing for a 7 Brew and TitleMax located at 1001 East US Highway 377, Granbury, TX 76048. The site consists of roughly 2,370 rentable square feet of building space on an estimated .69-acre parcel of land. 7 Brew is subject to a 10-year Triple Net (NNN) lease, which commences on the earlier of Business Opening or 9/7/2026, while TitleMax has 6.55 years remaining on a Triple Net (NNN) lease, which commenced on 9/20/2020. 7-Brew’s annual rent will start at $85,000 and has scheduled increases of 10.00% Every 5 Years. TitleMax’s rent (based off their upcoming 2.00% rental increase) is $61,938, and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,370 SF
Building Class
B
Year Built
1989
Price
$3,356,109 CAD
Price Per SF
$1,416.08 CAD
Cap Rate
6%
NOI
$201,367 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R000038686 | Improvements Assessment | $313,358 CAD |
| Land Assessment | $988,532 CAD | Total Assessment | $1,301,889 CAD |
Property Taxes
Parcel Number
R000038686
Land Assessment
$988,532 CAD
Improvements Assessment
$313,358 CAD
Total Assessment
$1,301,889 CAD
Contacts
-
Matthew Anuszkiewicz -
Francis Purritano -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Videos
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Photos
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7 Brew & TitleMax | 1001 E Highway 377
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