4-30 Beach 129th 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
- --
- Two-story mixed-use building at 4-30 Beach 129th Street in Rockaway Park, Queens, offered at $3,000,000. The 2,480 SF property features a commercial ground floor with a two-bedroom apartment above, sited on a 4,000 SF (R3X-zoned) lot with a wide front yard and curb cut ideal for merchandise display and loading access.
- Built in 1940, the 40-foot-wide building presents multiple owner-user scenarios: restaurant with owner residence or office above, or garage operation with office and vehicle parking. The front yard offers potential for outdoor seating or expanded retail use. From a development angle, the site could accommodate a mini-mall, consolidated commercial space, or storage facility, subject to zoning and municipal approvals. The location sits among restaurants, coffee shops, parks, and residential neighborhoods, with direct access to the A and S subway lines at Rockaway Park Beach and 116th Street stations.
- Highlights:
- Owner-user mixed-use: ground-floor commercial plus two-bedroom residential
- Spacious front yard with wide curb cut for loading and merchandise display
- Flexible use potential: restaurant, garage, retail, or development site
- Subway access via A and S lines; surrounded by dining, retail, and parks
- R3X zoning; 4,000 SF lot with development upside
More property details
Location & transit
Transit/Subway
Buses
Commuter Rail
Airport
This 2,480-square-foot, 40-foot-wide two-story mixed-use building sits on a 40' x 100' lot and features a commercial space on the ground floor with a two-bedroom apartment above. Positioned toward the rear of the lot, the building benefits from a spacious front yard currently used for merchandise display, along with a wide curb cut that provides convenient access for loading and moving products in and out of the property. The property offers an owner-user opportunity, with potential for a restaurant on the ground floor and an owner residence or office above, while the front yard could potentially accommodate outdoor seating. It may also suit a garage operator seeking office space with additional area for vehicle parking. From a development perspective, the site offers potential for a mini-mall, a single larger commercial space, or a storage facility, subject to zoning and approvals. Located in Rockaway Park, the property is surrounded by restaurants, coffee shops, parks, and predominantly single- and two-family residences, with access to the A and S subway lines at Rockaway Park Beach and 116th Street.
Transit data provided by Google. Times and distances are estimates.