7 Brew NNN — Enid, OK

Updated November 4, 2026

$870,000 · 5.75% CAP · 13.8 YRS

2025 7 Brew drive-thru coffee stand at 1002 W Broadway Ave in Enid, about 510 SF on 0.32 acres, on an absolute NNN ground lease asking $870,000 at a 5.75% cap on $50,000 rent. The guarantor is the franchisee, 7Crew Enterprises, LLC, not 7 Brew corporate. An early extension set a 15-year lease from August 2025 that expires August 2040, about 13.8 years, with rent rising to $55,000 in August 2030, 5% in 2035, and five 5-year options. Sources give different original start dates, so confirm the term in the lease. At $870,000 it is one of only 8 active BuyNNN listings priced under $900,000.

Lease Abstract

Price

$870,000

Cap rate

5.75% CAP

NOI

$50,000

Term remaining

13.8 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% in 2030, 5% in 2035, then 10% every 5 years in options

Options

5 x 5-year

Guarantee

Franchisee

Building

510 SF

Lot

0.32 AC

Year built

2025

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

510 SF building, built 2025, 0.32 acres of land. Ground lease priced at $2,718,750 per acre. Rent increases: 10% in 2030, 5% in 2035, then 10% every 5 years in options. Renewal options: 5 x 5-year. Franchisee guarantee. Primary term ends around 2040 (13.8 yrs left at listing, Nov 2026).

Location

Enid, Oklahoma — 1002 W Broadway Ave, Enid, OK 73703. Full address and offering memorandum released on request — see our 7 Brew tenant guide for the underwriting context.