427 Wilshire blvd - Restaurant FOR SALE


Burleson, TX 76028
$2,890,000 USD
214-885-0437
427 Wilshire blvd, Burleson, TX for Sale
$2,890,000 USD
Restaurant - FOR SALE
1/6
null | 5.99% Cap Rate

427 Wilshire blvd
Burleson, TX 76028


OVERVIEW

Brand New Construction, 15-Year Corporate Absolute Net Lease – No Landlord Responsibilities Rental Increases Every 5 Years with 4 x 5 Year Options Black Rock Coffee is one of the Largest Publicly Traded Coffee Companies in the US and Operates over 140+ Locations in 7 States (41 of them in Texas) Ranked one of America’s Fastest Growing Companies by Inc Magazine in 2022 High Traffic Counts on Wilshire Blvd (42,720 Vehicles Per Day) Dense Retail Corridor Surrounded by National Retailers that Include Chicken Express, QuikTrip, Dairy Queen, CVS, and Exxon Black Rock Coffee Bar successfully closed its IPO, raising ~$294 million by pricing 14.7 million shares at $20 each, with a value of $1.32Billion.

FOR SALE DETAILS

PRICE

$2,890,000 USD

PRICE/SF

$1,532 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,624 SF

ZONING

C

APN/PARCEL ID

126-2791-00300

ASK ABOUT THIS PROPERTY

Adam GottschalkSummit Real EstateMore Info
214-885-0437

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Adam GottschalkSummit Real EstateMore Info
214-885-0437

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