For Sale
$1,538,000

550 Pershing Rd Decatur, IL 62526

High-traffic, NNN Ground Lease Coffee Shop

Overview

Added:
Dec 11, 2024
Days on market:
132
Exceptional investment opportunity: a 2024-built 7 Brew Coffee shop in Decatur, Illinois, presents a compelling net lease offering. This freestanding, 510 square foot QSR/Fast Food establishment boasts a prominent location within the Brettwood Village Shopping Center, a 200,000 square foot regional center attracting 1.9 million visitors annually (72nd percentile nationally). The property benefits from a 15-year absolute net ground lease with a built-in 10% rent increase every five years, ensuring consistent income growth. Situated on a 0.72-acre lot with 10 parking spaces, the 7 Brew enjoys excellent visibility and accessibility via direct ingress/egress from E Pershing Road, a high-traffic artery with 20,243 vehicles per day. The strategic outparcel location adjacent to ALDI and a Kroger-anchored shopping center further enhances its appeal, leveraging the combined traffic of these major retailers. The property's strong tenant, 7 Brew Coffee, and the favorable lease terms make this a low-risk, high-reward investment with a 6.50% cap rate and a $100,000 annual net operating income (NOI). The property features a double drive-thru for efficient customer service. This is a rare opportunity to acquire a well-positioned, high-performing asset in a thriving retail environment. Asking price: $1,538,000.

Highlights

  • $1,538,000 asking price for a 510 SF 7 Brew Coffee retail property in Decatur, IL.
  • 15-year absolute net ground lease with 10% rent increases every 5 years.
  • 2024-built, 510 SF building with a double drive-thru.
  • ALDI outparcel with direct access from E Pershing Road (20,243 VPD).
  • Located in Brettwood Village Shopping Center, a 200,000 SF center anchored by Kroger and Aldi, with high traffic volume.
  • Strong tenant lineup including Planet Fitness, FedEx, H&R Block, and Dunkin'.

Property Details for 550 Pershing Rd

Property type
Retail properties, Freestanding property
Square Feet
510 SF
Year Built
2024
Lot Size (sq. ft)
31,363 SF

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.877276
Longitude
-88.9513232

FAQs

What type of property is this?
Retail property - High-traffic, NNN Ground Lease Coffee Shop
Where is the retail property located?
The property is located at 550 Pershing Rd Decatur, IL.
What is the asking price?
The asking price for this property is $1,538,000.
What are key features of this property?
This property features: $1,538,000 asking price for a 510 SF 7 Brew Coffee retail property in Decatur, IL.; 15-year absolute net ground lease with 10% rent increases every 5 years.; 2024-built, 510 SF building with a double drive-thru.
How can I contact the broker?
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550 Pershing Rd
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