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7 BREW – WATERTOWN, SD 2527 9Th Ave SE 510 SF 100% Leased Retail Building Watertown, SD 57201 $1,282,000 ($2,513.73/SF) 5.85% Cap Rate

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Investment Highlights

BRAND NEW ABSOLUTE NNN GROUND LEASE: Brand new 15-year Absolute NNN Ground lease (conveying ownership - underlying ground only)
Tenant has significant expansion plans and has a signed development agreement for 30+ additional locations throughout the High Plains states
STRONG SALES | NEW CONSTRUCTION: New, build-to-suit construction of 7 Brew’s newest prototype with an impressive 29-car stack double drive thru

TENANT: High Plains Brew, LLC owns & operates 15 locations in Nebraska, Iowa and Eastern South Dakota.
The operator also became the first Freddy’s franchisee in 2004 and continues to grow their footprint with 26 current locations
TRAFFIC COUNTS: Positioned on a ±0.72-acre lot, with excellent visibility/access on 9th Ave SE (main east/west corridor)

Executive Summary

(Building & Land) Fee Simple

7brew.watertown

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

510 SF

Building Class

Year Built

2026

Price

$1,282,000

Price Per SF

$2,513.73

Cap Rate

5.85%

NOI

$75,000

Percent Leased

100%

Building Height

1 Story

Building FAR

0.02

Lot Size

0.72 AC

Zoning

Major Tenants

Accommodation and Food Services
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Jun 2041

7 Brew was founded in 2017 in Arkansas as a drive-thru coffee concept built around fast service and a friendly customer experience. The company’s menu now spans coffee, energy drinks, teas, lemonades, smoothies, shakes, and fizz sodas, with a strong emphasis on customization and made-to-order drinks. 7 Brew also highlights its community focus through its “Cultivate Kindness” message and charitable giving efforts. Over time, the business has expanded from its original Arkansas roots into a broader U.S. presence as a drive-thru beverage brand.