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7 Brew | New 15yr Abs NNN 2816 Joseph Cannon Way

510 SF Retail Building Marion, IL 62959 $2,180,069 CAD ($4,275 CAD/SF) 6.50% Cap Rate

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Investment Highlights

Brand New 15-Year Lease | Scheduled Rental Increases | Options To Extend
Signalized, Hard-Corner Intersection (35,200 VPD) | Excellent Visibility | National Tenant Presence

Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities | Strong Franchisee
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 Marion, Illinois. The tenant, Brew Horizons LLC, recently signed a brand new 15 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, 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 a passive investor. The franchisee is a 25 unit franchisee who has invested $40 million in cash into the business, with a $150 million equity commitment from investors.