A 7 Brew net lease is a property leased to a 7 Brew drive-thru operator, where the tenant pays the taxes, insurance and upkeep and the owner collects rent. These deals are now some of the most-watched small net lease investments in the US. This 7 Brew net lease guide explains how a 7 Brew NNN lease works, what real listings ask, the cap rates you can expect, and the risks to check before you buy.
Quick answer
Most 7 Brew net lease properties for sale are new-build, 15-year absolute NNN ground leases with 10% rent increases every 5 years. In the seven listings we checked on 22 October 2026, asking prices ran from $1.45 million to $2.5 million and cap rates from 5.85% to 6.60%. The tenant is almost always a franchisee, not 7 Brew corporate, so the guarantor is the key thing to check.
7 Brew Investor Guides
Table of Contents
What Is a 7 Brew Net Lease?
In a net lease, the tenant pays some or all of the property costs on top of rent. A triple net lease (NNN) means the tenant pays all three main costs: property tax, insurance and maintenance. A 7 Brew triple net lease therefore gives the owner rent with very few bills of their own.
Many 7 Brew listings go one step further and are marketed as absolute NNN. That usually means the tenant also covers the roof, structure and parking lot, leaving the landlord with no repair duties at all. One Mokena, Illinois listing describes it as “zero landlord responsibilities.” Always confirm this in the actual lease, because brokers use these labels loosely.
7 Brew Ground Lease vs Building Ownership
Every 7 Brew is a small drive-thru stand on its own lot, often around half an acre to just over an acre. That is why most 7 Brew coffee NNN properties are sold as ground leases: you buy the land, and the franchisee owns and pays for the building.
| Point | 7 Brew ground lease | Land and building (fee simple) |
|---|---|---|
| What you own | The land only | The land and the stand |
| Who owns the building | The tenant, during the lease | You |
| Repairs | Tenant, under an absolute NNN ground lease | Tenant under absolute NNN; check roof and structure under plain NNN |
| Depreciation for tax | Land generally cannot be depreciated | The building can be depreciated |
| Typical risk | Lower: the tenant has its own money in the building | Higher upkeep exposure, but more tax benefit |
A 7 Brew absolute NNN ground lease is popular with passive investors because it is the simplest possible structure: the tenant pays everything, and if the lease ends, improvements on the land typically revert to the landowner under the lease terms. Read the reversion clause before you rely on that.
Why So Many 7 Brew Properties Are for Sale: The Sale-Leaseback
Most 7 Brew net lease listings are brand new stands built in 2024 to 2026. The usual path is a 7 Brew sale leaseback or developer sale: a franchisee or developer buys the land, builds the stand, signs a long lease, then sells the real estate to an investor. The operator gets its cash back to build the next store.
That matters because 7 Brew franchisees commit to many stores at once. The 2026 FDD calls for at least 10 stores per deal, as explained in our guide on whether 7 Brew is still franchising, and each stand costs $940,500 to $2,283,500 to open (see the cost breakdown). Selling the real estate is one of the main ways operators fund that growth, which keeps a steady supply of 7 Brew real estate for sale.
7 Brew Cap Rate: Real Listings Compared
The cap rate is the yearly rent (NOI) divided by the price. A 6% cap rate on a $2,000,000 property means $120,000 of rent a year. These are 7 Brew net lease listings we checked on 22 October 2026. Prices and cap rates are asking figures from the brokers, not confirmed sale prices.
| Location | Asking price | Cap rate | Structure | Rent increases | Tenant / guarantee | Status |
|---|---|---|---|---|---|---|
| Plainfield, IL | $2,500,000 | 6.00% | 15-yr NNN ground lease | 10% every 5 yrs | Who Brew, LLC corporate guarantee (45 units) | Listed |
| Colorado Springs, CO | $1,850,000 | 6.60% | 15-yr absolute NNN ground lease | 10% every 5 yrs | Sussex Group Brew 1 LLC, personal guaranty | Listed |
| Mokena, IL | $1,487,500 | 6.00% | 15-yr absolute NNN, land only | 2% a year early on, then 10% steps | Who Brew IL I, LLC (franchisee) | Listed |
| Livingston, TX | $2,000,000 | 6.00% | 15-yr absolute NNN ground lease | 10% every 5 yrs | Not stated | Listed |
| North Platte, NE | $1,453,000 | 5.85% | 15-yr absolute NNN | 10% every 5 yrs | High Plains Brew, LLC (14 units) | Listed |
| San Antonio, TX | $2,153,846 | 6.50% | 15-yr absolute net ground lease | Not stated | Not stated | Sold |
| Cuyahoga Falls, OH | $1,956,000 | Not stated | 15-yr absolute NNN ground lease | 10% every 5 yrs | Not stated | Closed |
Three patterns stand out in this 7 Brew net lease sample. Nearly every deal is a 15-year lease. Most use 10% bumps every five years, which works out to just under 2% a year. And in this sample, cap rates sit in a tight band of roughly 5.85% to 6.60%.
How 7 Brew Compares With the Wider QSR Market
The Boulder Group’s Q3 2026 net lease report, as covered by CRE Daily, put the average asking cap rate at 5.90% for quick-service restaurants with a corporate guarantee and 6.87% for franchisee-guaranteed deals. Most 7 Brew listings above are franchisee deals priced below that 6.87% average. In plain terms, buyers are paying more than usual for a franchisee tenant, which reflects 7 Brew’s strong sales and growth. That is our reading of the numbers, not a broker statement. To see how 7 Brew compares with other drive-thru coffee brands on sales and costs, read our drive thru coffee franchise comparison.
Who Is the Tenant? Franchisee vs Corporate Guarantee
This is the most important question for any 7 Brew net lease or investment property. Almost all 7 Brew stands are run by franchisees: 578 of 602 stands at the end of 2025 were franchised, according to FDD Exchange’s summary of the 2026 FDD. So the lease is usually signed and guaranteed by a franchise group, not by 7 Brew itself. 7 Brew is also a private company with no public stock or credit rating (see who owns 7 Brew).
- “Corporate guarantee” in a 7 Brew listing usually means the franchisee’s parent company, such as Who Brew, LLC in the Plainfield deal. It does not mean 7 Brew corporate.
- Personal guaranty means the franchise owner backs the lease personally. In the Colorado Springs listing, it drops to 12 months of rent after year 10.
- Unit count is a useful strength signal. A 45-unit operator is a stronger tenant than a group with one or two stands.
Ask the broker for the guarantor’s financial statements and store sales, not just the brand’s averages.
Is a 7 Brew Net Lease a Good Buy?
A 7 Brew net lease can suit investors who want hands-off income, but it is not risk-free. Weigh both sides.
Strengths
- Long, simple leases: 15-year absolute NNN terms with built-in rent increases and renewal options.
- Strong store sales: the 2026 FDD reports average yearly sales of $2,646,063 for 297 franchised stands open all of 2025. On a stand paying $120,000 rent, that would be about 4.5% of average sales. That is our illustration; a single store’s sales can be much lower or higher.
- Fast growth: 7 Brew went from 321 stands at the start of 2025 to more than 600 by year end, according to the company. Read more on 7 Brew’s growth to 700 locations.
- Lower price point: most deals cost $1.5 million to $2.5 million, smaller than many big-box net lease assets.
Risks
- Franchisee credit: you depend on one operator’s finances, not a large corporation.
- A young brand: most stands are only a few years old, so there is little history of how they perform through a downturn.
- Special-use building: a tiny drive-thru stand suits few other tenants if 7 Brew leaves. The land value and traffic location matter a lot.
- New stores: many listings sell before the stand has a year of sales, so you cannot check store performance.
- Interest rates: when rates rise, cap rates tend to rise too, which can lower resale value.
7 Brew as a 1031 Exchange Property
Many buyers of a 7 Brew net lease are selling other investment real estate and using a 1031 exchange to defer capital gains tax. The price range and hands-off lease make 7 Brew a common replacement property. Key rules from the IRS Form 8824 instructions:
- Both properties must be real property held for business or investment.
- You must identify the replacement property within 45 days of selling the old one.
- You must complete the purchase within 180 days (or your tax return due date, if earlier).
Because new 7 Brew listings can sell quickly, 1031 buyers often line up two or three backup properties. Use a qualified intermediary and a tax adviser; this is general information, not tax advice.
7 Brew NNN Lease for Sale: Where to Find Properties
7 Brew does not sell its real estate to the public. Every 7 Brew net lease for sale is listed by a commercial broker. Good places to look:
- Listing marketplaces such as LoopNet and Crexi. Search “7 Brew” and filter by net lease.
- Net lease brokers such as Marcus & Millichap, SRS, The Boulder Group and other single-tenant specialists, many of which publish offering memorandums.
Before you make an offer on a 7 Brew net lease, ask for:
- The full lease, including who pays roof, structure and parking repairs.
- The guarantor’s legal name, unit count and financial statements.
- Store sales, if the stand has been open long enough.
- The rent schedule and renewal options in writing.
- For a ground lease, what happens to the building when the lease ends.
Frequently Asked Questions
What is the cap rate on a 7 Brew?
In the listings we checked in October 2026, asking cap rates ranged from 5.85% to 6.60%, with 6.00% the most common.
Is a 7 Brew a triple net lease?
Usually yes. Most 7 Brew net lease properties are marketed as absolute NNN leases, where the tenant pays taxes, insurance and maintenance. Confirm the details in the lease itself.
How much does a 7 Brew property cost?
Asking prices for a 7 Brew net lease in our sample ran from about $1.45 million to $2.5 million, mostly for the land under a ground lease.
Does 7 Brew corporate guarantee the lease?
Rarely. Nearly all 7 Brew stands are franchised, so leases are usually guaranteed by the franchise group or its owner.
Can I buy a 7 Brew in a 1031 exchange?
Yes, a 7 Brew net lease property can serve as like-kind replacement real estate, as long as you meet the 45-day and 180-day deadlines. Work with a qualified intermediary.
Can I buy a 7 Brew franchise instead?
Not right now. 7 Brew says it is not accepting new franchise applications. Owning the real estate is one of the few ways to invest in 7 Brew today. See is 7 Brew still franchising.
Sources
- Plainfield, IL — Marcus & Millichap
- Colorado Springs, CO — The Boulder Group offering memorandum
- Mokena, IL — SRS Real Estate Partners
- Livingston, TX — Secure Net Lease
- North Platte, NE — CI Advisor
- San Antonio, TX — The Mansour Group
- Cuyahoga Falls, OH — Net Lease Advisory Group
- QSR cap rates, Q3 2026 — CRE Daily on The Boulder Group report
- Stand counts and Item 19 sales — FDD Exchange 2026 summary and 7 Brew press release
- 1031 exchange rules — IRS Form 8824 instructions
Listings checked 22 October 2026. Prices and cap rates are brokers’ asking figures and change quickly; some listings may have sold. Rent-to-sales figures are our own illustration. This is general information, not investment, legal or tax advice. This website is an independent guide and is not connected with 7 Brew Coffee.
