3893 N Joles Parkway
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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- 5.21-acre commercial land parcel at the intersection of Highways 53 and 29 in Chippewa Falls, Wisconsin, offered at $699,000. The property is zoned commercial and benefits from high visibility and accessibility on one of the area's most traveled corridors. Public water and utilities—electricity, natural gas, and cable—are readily available, positioning the site for immediate development.
- The parcel currently includes a rental home generating income, which is expected to be removed per future zoning requirements. The location is surrounded by an established commercial corridor and is suitable for retail, office, hospitality, or mixed-use development. The combination of strategic positioning, development-ready infrastructure, and strong visibility in a growing commercial area makes this an attractive opportunity for developers and investors.
- Highlights:
- 5.21 acres at Highway 53 and 29 intersection
- High-visibility, high-traffic commercial location
- Public water and utilities available
- Zoned commercial; development-ready
- Existing rental income; structure removable per zoning
Location
This exceptional 5.2-acre commercial parcel presents a prime development opportunity in one of the area's most visible and accessible locations. Situated near the highly traveled intersection of Highways 53 and 29, the property offers outstanding exposure and is surrounded by an established commercial corridor, making it ideal for a wide range of retail, office, hospitality, or mixed-use developments. The site includes an existing rental home that currently generates income but is expected to be removed in accordance with future zoning requirements. With public water and readily available utilities, including electricity, natural gas, and cable, the property is development-ready and well-positioned to capitalize on the area's continued commercial growth. Its strategic location, flexible development potential, and excellent visibility make this an outstanding investment opportunity.