$2,524,000 USD
602-342-9931
6016 S 7th Ave
Phoenix, AZ 85041
South Mountain
HIGHLIGHTS
- Brand new 15-year absolute NNN corporate lease; landlord has ZERO responsibilities
- Pad to the 2nd strongest Food City in Arizona by traffic volume, according to Placer.ai
- Attractive 10% increases every 5 years through the primary term and four, five-year option periods, providing predictable revenue growth
- New construction freestanding building with double drive-thru and walk-up window
- With 17 years in the business, Black Rock Coffee has 150 locations across 7 states and growing
FOR SALE DETAILS
PRICE
$2,524,000 USD
PRICE/SF
$3,907 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL BLACK ROCK COFFEE | ABSOLUTE NNN LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
-
APN/PARCEL ID
105-83-395
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602-342-9931
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602-342-9931
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