7 Brew

Optimal Lease Structure

• Absolute NNN lease with no landlord responsibilities
• New 10-year lease with 4, 5-year renewal options
• Rent escalations of 10% every 5 years throughout the entire lease
• Meaningful tenant investment into the site via ground lease structure
• Fundamentally low rent of $115,000
• Projected rent to sales under 4.5% (avg. annual sales for franchised 7 Brew equal $2.646m)

Fundamental Real Estate

• Outparcel to Target and adjacent to a recently developed Raising Cane’s
• Large parcel size of ±1.01-acres
• Frontage along Broadway Street with ±25,600 vehicles per day
• Broadway Street is the main thoroughfare in Quincy that runs east/west and provides direct connectivity from Downtown Quincy to I-172

Desirable Market

• Affluent and densely populated segment of Quincy
• Population: ±5,454 (1-mi); ±39,194 (3-mi); ±47,777 (5-mi)
• Avg. Household Income: ±$90.7k (1-mi); ±$88k (3-mi); ±$91.2k (5-mi)
• Robust trade area with national retailers that include Walmart, Sam’s Club, The Home Depot, Menards, etc.