May 12, 2022 – Luke Thomson of Horvath & Tremblay has successfully completed the sale of Brevity Coffee in San Antonio, Texas. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $660,000.
Brevity Coffee is located at 6005 Tezel Road in San Antonio, Texas. The new construction Brevity Coffee was constructed in 2022 and consists of a 380 square foot building on a 0.66-acre parcel of land. The property features a new 15-year absolute NNN ground lease with two 5-year renewal options. The lease features 1% annual rent increases throughout the base term and each of the renewal options. The property is ideally located along Tezel Road with traffic counts of 26,820 VPD and 33,212 VPD along the cross street, Culebra Road. Brevity Coffee benefits from its location along a major retail corridor including the adjacent Walmart Supercenter and HEB anchored shopping centers. Other national retailers driving traffic to the area include CVS, McDonalds, El Pollo Loco, KFC, AutoZone, Jiffy Lube, Pep Boys and a number of others.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.