12443 NW Grand Ave - Fast Food FOR SALE
El Mirage, AZ 85335 |
$2,593,000 USD
602-342-9931
12443 NW Grand Ave
El Mirage, AZ 85335
HIGHLIGHTS
- Long term, 15-year lease which is corporately guaranteed by Black Rock Coffee (NASDAQ: BRCB)
- Absolute NNN means that there are ZERO landlord responsibilities, making this a truly passive and hands-off investment
- The building in brand-new construction and features a double drive-thru and walk-up window, limiting tenant overhead and maximizing customer potential
- Black Rock Coffee has 53 stores in Arizona alone—one of their top performing markets
- The closest drive-thru coffee shop is over 2 miles away on Grand Avenue, limiting competition for this dominant operator
- The property is adjacent to a Food City center, providing excellent customer potential and nearby foot traffic
FOR SALE DETAILS
PRICE
$2,593,000 USD
PRICE/SF
$4,182 USD /SF
CAP RATE
5.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL BLACK ROCK COFFEE | 15-YEAR ABSOLUTE NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
-
APN/PARCEL ID
501-33-009Z
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602-342-9931
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602-342-9931
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