7 Brew & US Bank ATM Ground Leases — Sale in Council Bluffs, IA
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Council Bluffs, IA 51501
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
7 Brew Coffee founded its first coffee stand in 2017 in Rogers, Arkansas. The brand was created with the goal of serving premium coffee while providing a fun experience. Every 7 Brew Coffee store is a double drive-thru and serves coffee from beans sourced from Ethiopia, Columbia, and Brazil. Based in Minneapolis, Minnesota, U.S. Bancorp serves millions of customers locally, nationally, and globally through a diversified mix of businesses. U.S. Bancorp operates over 2,000 banking offices in 26 states with over 4,700 ATMs nationwide. Council Bluffs is a historic city in southwest Iowa and the county seat of Pottawattamie County. Situated on the east bank of the Missouri River directly across from Omaha, Nebraska, it has a population of roughly 63,000 and serves as a major rail, tech, and cultural hub in the region. Investment Highlights: • New 15-Year Lease with 7 Brew and New 10-Yr Corporate Lease with US Bank - Both Absolute NNN Ground Leases • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • Proven QSR Corridor - Five Neighboring Brands Rank Among the Top 10 in Iowa per Placer.ai: McDonald's (#2), Arby's (#2), Taco Bell (#3), Starbucks (#6) and KFC (#8) • Adjacent McDonald's and Arby's Rank in the Top 3 Percent and Top 6 Percent of Their Chains Nationally per Placer.ai • Experienced Multi-Brand Operator - High Plains Brew Holds Development Rights to 50-Plus Units, has Opened 15-Plus, and Its Principals were the First Freddy's Frozen Custard Franchisee with Over 20 Years in QSR Business • Location Validated by Its Prior Occupant – US Bank Operated a Branch here for Over 30 Years and Requested to Retain Its ATM through the Redevelopment, Signing a New 10-Year Corporate Absolute NNN Ground Lease • Diversified Credit at a Sub-$2 Million Price Point – Corporate Bank Tenant and National Coffee Brand on a Single Parcel • Excellent Frontage on W Broadway (±21,600 CPD), a Direct Route to Downtown Omaha – Less Than Five Miles from Downtown and Ep
Market Context
This food service in Council Bluffs, IA is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Council Bluffs, IA — view the full market.
Contact
- Jon Ruzicka · (952) 852-9700
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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