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Investment Highlights

  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee Property in Quad Cities MSA
  • Absolute NNN Ground Lease: Ultimate Ease of Management for Investor
  • Adjacent To #11 Most-Visited Hy-Vee Grocery Store In Iowa (#25 In U.S.) per Placer.ai
  • 15 Year Lease Term with 10% Rental Increases
  • Corner Parcel At 4-Way Intersection (37,000+ VPD) / Out-positioning Competition
  • 7 Brew Coffee: $2.65M+ Avg Sales / Higher Avg Sales than both Dutch Bros & Starbucks

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 the Quad Cities MSA, a four-city metropolitan region spanning the Iowa-Illinois border. The subject property is positioned on a corner parcel at a signalized four-way intersection with combined traffic counts of 38,000+ vehicles per day, offering superior frontage, visibility, and two access points. The tenant selected this location for its dominant positioning along Middle Road and Devils Glen Road, two of the primary commercial corridors connecting Bettendorf, Davenport, and two nearby interstate freeways. The offering is secured by a brand-new 15-year Absolute NNN ground lease with 10% rental increases every five years, providing investors with a strong hedge against inflation and consistent cash flow growth throughout the lease term. The absence of landlord responsibilities and the intrinsic value of drive-thru real estate on a hard corner parcel creates an ideal investment opportunity for a passive or out-of-state investor.
7 Brew Coffee is a QSR brand taking over the beverage sector by storm. Highly desired by consumers because of their beverage products and ‘smile brand’ service, 7 Brew is growing rapidly across the United States. Founded in Arkansas during 2017, the company is now planning for over 3,000 stores nationwide. 7 Brew operates by the principle of serving all customers in less than 5 minutes from when they enter the double drive-thru lanes. The company’s beverage selections, efficiency, and double-drive-thru equipped properties make the concept highly attractive to consumers.
The subject property is adjacent to one of the most-visited Hy-Vee grocery stores in the country (ranked #11 in Iowa and #25 nationwide per Placer.ai), generating 1.5 million visits in 2025, which is more than double the Iowa brand average. The surrounding trade area is supported by 142,500+ residents within a five-mile radius and benefits from exceptional daily traffic drivers, including multiple high schools, Scott Community College, and four elementary schools within close proximity. The corridor is further reinforced with synergy from QSR neighbors, including Taco Bell (#8 most visited in Iowa), Starbucks, Burger King, Dunkin’, and Arby’s. Located in Bettendorf, Iowa, one of the fastest-growing communities in the Quad Cities, the area has experienced 17%+ population growth since 2010 and continues to attract major institutional investment. This investment offering represents a rare opportunity to acquire a brand new, high-quality, Absolute NNN investment property in one of the Midwest’s most compelling metro regions.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
550 SF
Building Class
B
Year Built
2026
Price
$2,794,822 CAD
Price Per SF
$5,081.50 CAD
Cap Rate
6%
NOI
$167,706 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.56 AC

Amenities

  • Signage
  • Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

HOTWORX
Club Pilates
U.S. Bank
Starbucks
Hy-Vee
Fareway Meat & Grocery
CrossFit

Property Taxes

Property Taxes

Parcel Number
842203501
Land Assessment
$608,068 CAD
Improvements Assessment
$428,351 CAD
Total Assessment
$1,036,419 CAD
  • Listing ID: 41270783

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 3469 Middle Rd, Bettendorf, IA 52722

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