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1821 Dell Range Blvd
Cheyenne, WY 82009
7 Brew · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • New 15-year absolute NNN lease to 7 Brew, a rapidly growing coffee chain with expansion fueled by its innovative double-lane drive-thru model.
  • Tenant covers 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.
  • 5% rental increases every five (5) years in initial term and option periods and a full-term $40M personal guaranty.
  • Sales have proven to be extremely strong in the first four months of operation given a winter opening.
  • 7 Brew is now the second-largest drive-thru-only coffee chain in America behind Dutch Bros

EXECUTIVE SUMMARY

High-visibility and easily accessible location at the
signalized intersection of Dell Range Boulevard and Bluegrass Circle, which
experiences a combined 41,217 vehicles per day.
Leased to 7 Brew, the second-largest drive-thru only
coffee chain in America.
The five-mile radius serves an affluent and
populous region of 84,270, with an average annual household income of
$93,941 within three miles.
: Built in 2025, the 571 SF property is tailored to
7 Brew’s efficient double-lane drive-thru design, ensuring high-volume
operations.
Absolute NNN lease structure transfers
maintenance and expense obligations to tenant, including roof, structure,
and parking lot.
Projected population and income increases
within 1-, 3-, and 5-mile radii over the next five years poise this 7 Brew and
Cheyenne for steady concurrent growth.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
571 SF
Building Class
C
Year Built
2025
Price
$3,834,431 CAD
Price Per SF
$6,715.29 CAD
Cap Rate
6.25%
NOI
$239,652 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.51 AC
Zoning
NB
Parking
8 Spaces (14.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-5685-0007-0001-0
Land Assessment
$29,515 CAD
Improvements Assessment
$21,282 CAD
Total Assessment
$50,797 CAD
  • Listing ID: 37046048

  • Date on Market: 2025-07-31

  • Last Updated:

  • Address: 1821 Dell Range Blvd, Cheyenne, WY 82009

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