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Artesia 7 Brew 1102 W Main St 510 SF 100% Leased Retail Building Artesia, NM 88210 $1,950,418 CAD ($3,824.35 CAD/SF) 6.25% Cap Rate
Investment Highlights
- New Construction, Dual Drive-Thru 7 Brew Coffee Property in New Mexico
- Across the street from Artesia High School and within 1.0 mile radius of six (6) elementary / intermediate schools
- Affluent community: $98,100 average household income
- One of the first Southwestern U.S. 7 Brew Coffee locations (Store Opened December 2025)
- Minimal QSR Coffee competition in trade area
- 15 Year Lease with 10% rental increases
Executive Summary
Faris Lee Investments is pleased to present the opportunity to acquire a brand new, dual drive-thru 7 Brew Coffee property located in New Mexico. The subject property opened in December 2025 and is strategically positioned on Main Street (US-82), the primary commercial artery in Artesia NM and one of two major US highways intersecting at the heart of the city. The offering is secured by a brand-new 15-year Absolute NNN ground lease featuring 10% rental increases every five years, providing an investor with both a strong hedge against inflation and increasing cash flow every five years during the lease term. With zero landlord responsibilities, this asset is ideally suited for a passive or out-of-state investor seeking a management-free QSR investment property in a high-income, energy-driven market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
B
Year Built
2025
Price
$1,950,418 CAD
Price Per SF
$3,824.35 CAD
Cap Rate
6.25%
NOI
$121,901 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
0.61 AC
Parking
8 Spaces (15.69 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $103,177 CAD | |
| Land Assessment | $14,872 CAD | Total Assessment | $118,049 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$14,872 CAD
Improvements Assessment
$103,177 CAD
Total Assessment
$118,049 CAD
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Artesia 7 Brew | 1102 W Main St
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