3225 E Baseline Rd - Fast Food FOR SALE


Phoenix, AZ 85042- South Mountain
$2,718,477 USD
602-501-5631
3225 E Baseline Rd, Phoenix, AZ for Sale
$2,718,477 USD
Fast Food - FOR SALE
1/11
null | 5.15% Cap Rate

3225 E Baseline Rd
Phoenix, AZ 85042
South Mountain


HIGHLIGHTS

  • New, 15-year absolute NNN lease offering true passive ownership structure.
  • Absolute NNN with no Landlord responsibilities
  • Brand new construction building with a double drive-thru
  • The lease has scheduled rent increases - 10% every 5 years including each option period
  • Prominent positioning along Baseline Road, a major Phoenix corridor with over 59,000 vehicles per day.
  • Black Rock Coffee has ±55 stores in Arizona and growing, along with their recent IPO in September of 2025 (NASDAQ: BRCB)

OVERVIEW

Lee & Associates is pleased to present the opportunity to acquire a brand-new, single-tenant Black Rock Coffee Bar located at the SEC of 32nd St and Baseline Rd, in Phoenix, AZ. The property was recently completed in 2025 and secured with an Absolute NNN lease featuring a 15-year term with no landlord responsibilities, a corporate guaranty, and a double drive-thru designed for high-volume service. The site is positioned on Baseline Rd with ±59,112 VPD and is surrounded by established rooftops plus nearby residential activity, including Shadow Mountain Villas Condominiums (277 units) and The Raven Condominiums (161 units), with additional residential under construction. The property benefits from a dense consumer base with 510,542 people within 15 minutes and average household incomes of $113,838 (5 min) / $101,122 (10 min)—supporting daily coffee demand in a built-out, infill-style trade area with strong daytime drivers and established neighborhoods.

FOR SALE DETAILS

PRICE

$2,718,477 USD

PRICE/SF

$1,094 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,785 SF

ZONING

-

APN/PARCEL ID

301-23-764

ASK ABOUT THIS PROPERTY

John EsslingerLee & AssociatesMore Info
602-501-5631

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John EsslingerLee & AssociatesMore Info
602-501-5631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.