Description

Faris Lee Investments is pleased to present the opportunity to acquire a newly developed dual drive-thru 7 Brew Coffee property located in Clovis, New Mexico. The property celebrated its grand opening in May 2025 and is strategically situated as an outparcel to the 300,000-square-foot North Plains Mall, the only enclosed regional mall within a 95-mile radius. The investment is secured by a 15-year absolute NNN ground lease that features one of the lowest recorded base rents for the 7 Brew Coffee brand, along with 10% rent increases every five years. This structure provides investors with a growing income stream, inflation protection, and a truly passive ownership experience with zero landlord responsibilities. The property benefits from a highly visible location along Prince Street, Clovis’ primary commercial corridor, which experiences traffic counts exceeding 24,000 vehicles per day. The surrounding retail corridor is home to numerous national quick-service restaurant brands, including Wendy’s, Taco Bell, Burger King, HTeaO, and McDonald’s, creating strong retail synergy and consistent consumer traffic. Additionally, the site serves as an outparcel to North Plains Mall, a major regional retail destination that has attracted approximately 1.9 million visits over the past 12 months according to Placer.ai. The location was strategically selected by the tenant due to its proximity to Clovis High School, five additional primary schools, and Cannon Air Force Base. Cannon AFB serves as a major economic driver for the region, employing more than 4,800 personnel and generating over $300 million in annual economic impact. Supported by strong local demand, excellent visibility, and a low-rent lease structure, this offering represents an attractive opportunity to acquire a newly constructed, drive-thru-focused 7 Brew Coffee investment property in a well-established New Mexico retail market.