1425 FL-16
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 PropertyListing:**
- 17.57-acre mixed-use development site in St. Augustine, Florida, offered at $10,500,000. The parcel fronts State Road 16 and is zoned CHT (Commercial Highway & Tourist), supporting a maximum density of 200 RV lots plus approximately 2.86 acres of commercial frontage. The property is currently operating as a positively cash-flowing RV park with utilities already on-site, providing immediate income while the buyer plans development.
- Located on FL-16, a primary commercial corridor, the site offers strong visibility and accessibility for both the existing RV operation and future commercial buildout. The dual-use entitlement—RV density plus commercial acreage—positions the asset for a range of development scenarios, from expanded RV operations to mixed hospitality and retail uses. Utilities are in place, reducing infrastructure costs for a developer.
- Highlights:
- 17.57 acres with 200 RV lot entitlement plus 2.86 commercial acres
- Currently cash-flowing RV park operation
- State Road 16 frontage with CHT zoning
- Utilities on-site; reduced development infrastructure costs
- Dual-use development potential: RV expansion or mixed commercial/hospitality
Features & amenities
Location
An excellent opportunity for a developer to acquire a 17.57-acre parcel adjacent to State Road 16 with a maximum density of 200 RV lots and an additional ± 2.86 commercial acres. Property is currently being utilized as
an RV park positively cash-flowing, and utilities are currently on-site.