SINGLE TENANT 7 BREW BRAND NEW
Hazlet, NJ
The Opportunity
Summary
- ADDRESS: 2814 NJ-35 Hazlet, NJ
- ASKING PRICE: $2,696,000
- CAP RATE: 5.75%
- NOI: $155,000
- LEASE TYPE: NNN Ground Lease
- TENANT: G7B, LLC
- BLDG SIZE: 510 SF
- PARCEL SIZE: 0.62 Acres
- YEAR BUILT: 2026
- REMIANING LEASE TERM: 15 Years
- OPTIONS: Four (4), Five (5) Year Options
- INCREASES: 10% Every 5 Years
Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to 7 Brew, (the “Property”) in Hazlet, a town in the central part of New Jersey approximately 20 miles south of New York City. 7 Brew operates on a new 15-year triple-net ground lease, providing stable, long-term cash flow. The leases include 10% rent increases every five years, offering built-in income growth and the triple-net (NNN) structure provides a passive, management free investment that is attractive to investors seeking predictable returns.
7 Brew occupies a premier corner position at the signalized intersection of New Jersey Route 35 (45,000 VPD) and Miller Avenue, offering exceptional visibility and consistent daily traffic exposure. The signalized access and corner configuration allow for seamless ingress and egress from multiple directions, supporting efficient circulation, strong customer flow, and optimal unit-level sales performance.
The property further benefits from its proximity, less than two miles, to Exit 117 of the Garden State Parkway, one of New Jersey’s most heavily traveled regional corridors with approximately 182,900 vehicles per day. This strategic positioning provides convenient accessibility for both local residents and commuter traffic, significantly enhancing regional exposure and reinforcing the site’s long-term retail viability.
Located within two miles of Raritan High School and Keyport High School, which together serve nearly 1,200 students, 7 Brew is well-positioned to capture demand from its core Gen Z demographic. The brand’s expansive menu of over 20,000 customizable beverage combinations, including 7 Fizz sodas, 7 Energy drinks, and shakes, strongly resonates with younger, convenience-oriented consumers, driving repeat visitation, strengthening brand loyalty, and supporting consistent sales performance.
Situated within the New York City MSA, the largest metropolitan area in the United States with over 19.9 million residents, the property benefits from access to a vast and diverse consumer base, significant economic activity, and sustained retail demand. Additionally, the site is located in Monmouth County, one of New Jersey’s most affluent and desirable regions. The surrounding trade area features a population of approximately 147,000 residents and 56,000 households within a five-mile radius, with strong average household incomes of approximately $175,000 within one mile, $161,000 within three miles, and $166,000 within five miles. These compelling demographics support long-term tenant performance, enhance income stability, and position the asset as an attractive opportunity for investors seeking exposure to a high-performing retail corridor.


