M Square Commercial successfully provided NNN’s 15-year leasing for a 7-year 7 Brew costume at the 5821 Creek Center Drive in Baton Rouge, LA. The site with 0.68 acres, fully approved for development, will begin construction in early 2025 with a targeted opening in the spring of 2025.
-M Square Commercial finalizes NNN Lease Build-to Suit for a new place for 7 Brew in Baton Rouge, Louisiana. The Development Team, in collaboration with M Square Commercial, has provided a 0.68 -acre plot approval of the 5821 Creek Center Drive, with construction starting in the middle of January 2025 and the expected opening in the spring of 2025.
Hutton Baton Rouge La Burbank St, LLC, the Landorner and 7 Brew have implemented a 15-year NNN lease agreement on June 14, 2024 that the Square Commercial represents the Lessor in collaboration with DEX Shill by NAI Fably & Blum as a local broker.
“This transaction reflects the constant power of Baton Row’s retail market and increasing demand for high traffic retail sites,” says Brittany Megra, CCIM, managing broker at M Square Commercial. “Providing this leasing for building a 7 BREW costume provides a long -term value for the property owner while wearing a fast -growing coffee concept in the area.”
The property sits near the intersection of Burbank and West Lee Drives, an area with high retail development. Hutton purchased the site in 2021 for an Express oil change project, but later presented it as an unnecessary opportunity for land to support the expansion of 7 Brew.
The BREW 7 site will have a 541 -square -foot -shaped dual -drive format designed for large volume service. PUD zoning of the property maintains the development of retail, which makes it an ideal place for the fast-growing coffee-Thru chain.
Main details of development:
- Pole size: 0.68 acres
- Tenant: 7 Brew
- Leasing Type: NNN leasing to build up to suit
- Deadline: 15 years
- The date of entry into force of leasing: June 14, 2024
- Start of Construction: January 2025
- Objective Discover: Spring 2025
- Local partner of the broker: Dex Shill, Nai Last and Blum
This transaction emphasizes the benefits of leasing structures for a suit that provide retailers with custom -made dealers, while guaranteeing long -term stability for landlords.
“The ability of M Square Commercial to structure the long -term NNN leasing, while providing all necessary approvals before the schedule, helped maintain this project for timely development,” added Megra. “The arrival of 7 Brew will add to the Baton Row Retail Mix and improve the consumer experience in this corridor.”
7 Brew, known for its fast service model and unique experience with Drive-Thru, continues to expand in key markets. The location of Baton Rouge will strengthen its print in Louisiana, take care of the growing consumer search for first -class coffee at high traffic locations.
For more details about this transaction, visit the M Square Commercial case for the 7 Brew Baton Rouge Development.
For M Square Commercial
M Square Commercial is a national commercial real estate brokerage company specializing in strategic positions, acquisitions and development consultations. For more information on leasing transactions and retail real estate capabilities, visit MsquareComlcirem.com or call (702) 637-9870.
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