1162 16th Street
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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- 90%-occupied heavy industrial manufacturing campus at 1162 16th Street in Granite City, Illinois, offered at $3,500,000 at a 12.00% cap ($415,007 NOI). This single-building, 346,870 SF warehouse asset combines current cash flow with embedded rail and crane infrastructure that would be costly to replicate. The property sits on 25.6 acres of industrial-zoned land and is positioned within the St. Louis inland freight hub, benefiting from access to six Class I railroads, four major interstate highways, and the Mississippi River barge system.
- Built in 1950, the one-story facility features 30-foot ceiling heights, dock-high doors, loading docks, and 100 parking spaces. The location is minutes from I-270, I-255, I-55, I-64, and I-70, with downtown St. Louis approximately 15 miles away and St. Louis Lambert International Airport less than 30 minutes away. Granite City's established manufacturing base and skilled industrial workforce support strong demand for heavy manufacturing, logistics, and industrial operations throughout the region.
- Highlights:
- 12.00% cap rate on current 90% occupancy
- 346,870 SF warehouse with 30-foot ceilings and specialized rail/crane infrastructure
- 25.6-acre industrial-zoned parcel
- Direct access to six Class I railroads and four major interstates
- Proximity to Mississippi River barge system and St. Louis Lambert Airport
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Features & amenities
Location
This 90%-occupied heavy industrial investment property at 1162 16th Street in Granite City, Illinois, presents a rare opportunity to acquire a cash-flowing manufacturing campus with specialized rail and crane infrastructure at a value below replacement cost. The property combines existing income with significant long-term upside and embedded infrastructure that would be difficult and costly to replicate. Strategically located within the St. Louis industrial market, the facility benefits from Granite City’s established manufacturing base, skilled industrial workforce, and proximity to major transportation networks. The property is just minutes from I-270, I-255, I-55, I-64, and I-70, providing efficient truck access throughout the St. Louis metro area and convenient connections to Chicago, Kansas City, Indianapolis, Memphis, and other major Midwestern markets. Downtown St. Louis is approximately 15 miles away, while St. Louis Lambert International Airport is less than 30 minutes from the property. As part of the St. Louis inland freight hub, the site also benefits from access to six Class I railroads, four major interstate highways, and the Mississippi River barge system, making it well suited for heavy manufacturing, logistics, and industrial operations.