Wildcat Management, led by Dallas developer and President Tanya Ragan, closed on the purchase of a 7 Brew Coffee property in Livingston, Texas. The acquisition adds a stabilized, income-producing asset to the firm’s portfolio, extending its reach beyond its urban redevelopment work in Downtown Dallas and its Castle Ranch project in Mansfield.
Key Highlights
- Wildcat Management acquired a 7 Brew Coffee drive-thru property in Livingston, Texas
- The property is subject to a 15-year absolute triple-net ground lease — a stabilized, low-management income asset
- Located along U.S. Highway 190 near a new H-E-B and Walmart, in a corridor experiencing significant new investment
- 7 Brew is one of the fastest-growing drive-thru coffee chains in the country, with locations expanding rapidly across the Southeast and Southwest
- The Alabama-Coushatta Tribe of Texas broke ground this summer on the Naskila Casino Resort near Livingston — an approximately 685,000-square-foot destination casino and hotel expected to bring additional visitors and investment to the area
- Angelina College also maintains a campus in Livingston, adding to the area’s long-term regional draw
- The acquisition expands Wildcat’s portfolio beyond urban redevelopment into income-producing net lease retail real estate
Why This Acquisition Matters
A 15-year absolute triple-net ground lease is one of the most passive income structures available in commercial real estate — the tenant handles taxes, insurance, and maintenance, and the landlord collects rent. Pairing that structure with a high-velocity drive-thru brand like 7 Brew, in a corridor anchored by H-E-B and Walmart and positioned for growth from a major new casino resort, represents a well-underwritten income play in a market with genuine demand drivers.
For Wildcat Management, the Livingston acquisition demonstrates the firm’s ability to evaluate and execute across different real estate categories — from historic preservation and urban redevelopment in Downtown Dallas to income-producing retail assets in growing Texas markets. It is the kind of deal that diversifies a portfolio without abandoning the discipline that has defined Wildcat’s track record.
Ragan expanded on the acquisition and Wildcat’s broader Texas strategy in Betting Big on Texas: Expanding the Wildcat Paw Print.
As Seen on Business Insider
Founder and President of Wildcat Management, Tanya Ragan is a Dallas real estate developer, investor, and entrepreneur with twenty years developing some of North Texas’s most recognized neighborhoods. 2024 Texas Icon. Top 100 CRE Influencer. Co-author of Blaze Your Own Trail. She started in fashion, detoured through oil fields, built half of downtown Dallas, and has opinions about all three.