508 S Washington Ave

Faris Lee Investments is pleased to offer the opportunity to acquire a brand-new 7 Brew Coffee property located within the Houston, Texas MSA, featuring the brand’s highly efficient dual drive-thru prototype and an anticipated grand opening in June 2026. The investment is secured by a 15-year absolute NNN ground lease that provides a truly passive ownership structure with zero landlord responsibilities. The lease includes 10% rental increases every five years, delivering built-in income growth and long-term protection against inflation.

The property is strategically positioned along Washington Avenue near Interstate 69, benefiting from strong visibility, accessibility, and significant retail synergy. The surrounding trade area is anchored by major retailers including Walmart Supercenter and HEB, whose adjacent shopping centers collectively attract more than 3.7 million annual visits according to Placer.ai. The location is situated within one of Texas’ strongest-performing quick-service restaurant markets while notably lacking nearby direct coffee-focused QSR competition, creating a favorable environment for customer capture and long-term sales performance.

Located within the Houston metropolitan area—the second-fastest-growing major metro in the United States—the property benefits from strong population growth, economic expansion, and a business-friendly environment. Texas’ absence of a state income tax further enhances the market’s appeal for both businesses and residents. This offering represents an opportunity to acquire a newly developed, absolute NNN-leased 7 Brew Coffee asset in one of the nation’s most dynamic and rapidly growing metropolitan regions.