2701 Converse Avenue
Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.
Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.
- 15-year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- New 2025 construction, dual drive-thru
- Leased-fee ownership; passive, 1031-eligible income
- Anchored corridor alongside Walmart Supercenter and Home Depot
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- *ACTUAL OUTPUT FOR THE PROVIDED RECORD:**
- 90,000 SF industrial flex-space and warehouse facility in East St. Louis, Illinois, offered at $1,975,000. Originally built in 1950 and substantially rehabilitated in 2023, the steel-frame manufacturing property sits on 12 acres with excellent multimodal connectivity: adjacent to Norfolk Southern Rail, 0.5 miles from IL Route 15, 2.7 miles from I-255, 3.2 miles from the Mississippi River for barge access, and 4 miles from St. Louis Downtown Airport.
- Building A comprises 82,800 SF with five 5-ton overhead cranes featuring 20' under-hook clearance, clear heights from 14' to 25', and multiple drive-in doors up to 22' tall. The space includes two large paint booths, 1,000 KVA three-phase 480V power, reinforced concrete floors with drains, new LED lighting, and compressed air. Building B offers 7,200 SF of clear-span, heated, insulated warehouse space with two 12' x 14' overhead doors. The secured site is fully fenced with chain-link and barbed wire, includes a large covered outdoor storage area, and provides approximately 100 rock-surface parking spaces.
- Highlights:
- Five 5-ton overhead cranes with 20' under-hook clearance
- Clear heights from 14' to 25'; multiple drive-in doors up to 22' tall
- 2023 substantial rehabilitation; new roofing, LED lighting, and power systems
- Adjacent Norfolk Southern Rail; 0.5 miles to IL Route 15; 3.2 miles to Mississippi River barge access
- 12 acres with 100 parking spaces, covered storage, and fully secured perimeter
More property details
Features & amenities
Location
This 90,000 SF crane-served industrial facility is available for sale or lease and is situated on approximately 12 acres in East St. Louis. Originally constructed in 1950 and substantially rehabilitated in 2023, the steel-frame manufacturing property features upgraded roofing, heavy power, multiple overhead cranes, and excellent drive-in accessibility. Building A comprises approximately 82,800 SF and includes five 5-ton overhead cranes with 20’ under-hook clearance, clear heights ranging from 14’ to 25’, and multiple drive-in doors up to 22’ tall. The facility is equipped with two large paint booths, 1,000 KVA three-phase 480V power, reinforced concrete floors with drains, new LED lighting, and compressed air. The secured site is fully fenced with 8’ chain-link fencing and barbed wire and provides a large covered outdoor storage area along with approximately 100 rock-surface parking spaces. Building B offers an additional 7,200 SF of clear-span, heated, and insulated warehouse space with two 12’ x 14’ overhead doors. The property is strategically located adjacent to Norfolk Southern Rail, approximately 0.5 miles from IL Route 15, 2.7 miles from I-255, 3.2 miles from the Mississippi River for barge access, and 4 miles from St. Louis Downtown Airport, providing excellent multimodal connectivity within an established industrial area.