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1694 Blanding Blvd
Middleburg, FL 32068
7-Brew · Retail Property For Sale
Investment Highlights
- New 20-year absolute NNN ground lease to 7 Brew, a rapidly growing coffee chain with expansion fueled by its innovative double-lane drive-thru.
- Leased to 7Venture Inc., an affiliate of K-Mac Enterprises and a rapidly growing operator.
- 7 Brew ended 2024 with 321 locations, a substantial increase from 180 at the end of 2023
- Rare 1.50% annual rental increases in initial term and option periods, providing a reliable and safe passive income generator.
- Tenant responsible for all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- As of June 2025 the brand operates over 420 locations, up from just seven locations in 2021.
Executive Summary
High-visibility and easily accessible location along State Route 21, offering prime site exposure with 43,500 vehicles per day. 7 Brew is now the second-largest drive-thru-only coffee chain in America, providing reliable tenancy. The five-mile radius serves a populous region of 96,536 residents with an average annual household income of $111,713. The property is an outparcel to Lowe’s and surrounded by major national retailers, creating a vibrant commercial hub for retail services. It also serves as a gateway to Downtown Jacksonville, home to over 985,000 residents and more than 8 million in the greater metro area. Projected income increases within the 1-, 3-, and 5-mile radii over the next five years position this 7 Brew and Middleburg for steady concurrent growth.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
C
Year Built
2025
Price
$3,093,952 CAD
Price Per SF
$3,256.79 CAD
Cap Rate
5.75%
NOI
$177,902 CAD
Tenancy
Single
Building Height
1 Story
Zoning
BB
Parking
3 Spaces (3.16 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 32-04-25-008108-000-00 | Improvements Assessment | $397,831 CAD |
| Land Assessment | $895,642 CAD | Total Assessment | $1,293,473 CAD |
Property Taxes
Parcel Number
32-04-25-008108-000-00
Land Assessment
$895,642 CAD
Improvements Assessment
$397,831 CAD
Total Assessment
$1,293,473 CAD
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