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New 7 Brew | 20-Year GL | Walmart Outparcel 7015 Meadowlark Dr 522 SF Retail Building Birmingham, AL 35242 $3,128,853 CAD ($5,993.97 CAD/SF) 5.50% Cap Rate



Investment Highlights
- Brand New 20-Year Absolute NNN Ground Lease | New Construction
- Outparcel to Walmart Supercenter | U.S. Highway 280 (95,600 VPD)
- Absolute NNN | Passive Investment | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the Leased fee interest (land ownership) in an absolute NNN leased, 7 Brew Coffee investment property located in Birmingham, Alabama. The tenant, Southern Brew Corp, recently signed a brand new 20 year lease, demonstrating their commitment to the site. Southern Brew Corp is Tacala Companies’ entity for its 7 Brew locations, which stands at 38+ today. Tacala Companies is one of the most successful Taco Bell operators in the country with nearly 400 locations. The lease features 1% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
522 SF
Year Built
2026
Price
$3,128,853 CAD
Price Per SF
$5,993.97 CAD
Cap Rate
5.50%
NOI
$172,066 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.58 AC
Zoning
B-2 - Commercial
Parking
11 Spaces (21.07 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 10
Videos
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New 7 Brew | 20-Year GL | Walmart Outparcel | 7015 Meadowlark Dr
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