This coffee chain location just sold for $2.5M

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

The land on which the Essen Lane 7Brew sits recently changed hands after a New York-based real estate investment trust bought the property across from Our Lady of the Lake Regional Medical Center.

Getty Realty Corp. paid HSC 7Brew Baton Rouge LLC $2.5 million. Brian Dickman represented  Delaware-registered Getty Leasing Inc., according to sales documents filed Monday with the East Baton Rouge Parish Clerk of Court’s office. Howard Ray Hix Jr. represented 7Brew.

The drive-thru coffee chain that originated in Rogers, Arkansas, purchased the site in 2022 from 5131 Essen Lane LLC for $1.1 million to establish the franchise’s first Louisiana location.

Getty Realty specializes in acquiring, financing and developing convenience, automotive and other single-tenant retail real estate. As of the end of September, the company’s portfolio included 1,108 properties in 42 states across the U.S.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business