775 Ten Mile rd - Fast Food FOR SALE


Meridian, ID 83642- Northwest Meridian
$2,761,904 USD
602-538-7155
775 Ten Mile rd, Meridian, ID for Sale
$2,761,904 USD
Fast Food - FOR SALE
1/6

775 Ten Mile rd
Meridian, ID 83642
Northwest Meridian


HIGHLIGHTS

  • Absolute NNN: zero landlord responsibilities
  • Brand new construction - 2025 completion
  • Long term primary lease - 15 years remaining
  • Attractive 10% rent increases every 5 years
  • Densely populated trade area
  • Strong average household earnings

OVERVIEW

INVESTMENT HIGHLIGHTS • Absolute NNN: zero landlord responsibilities • Brand new construction - 2025 completion • Long term primary lease - 15 years remaining • Attractive 10% rent increases every 5 years TENANT HIGHLIGHTS • Corporate Guaranty with one of the largest privately owned coffee companies • Ranked one of America’s fastest growing private companies by Inc. Magazine’s 5000 Annual List in 2023 • Black Rock has ±150 locations in 7 states and is one of the largest privately held coffee companies in the country • www.br.coffee LOCATION HIGHLIGHTS • 1.2 miles from Interstate 84 Hwy (±97,449 VPD) • Highly visible hard corner location at Pine Ave and Ten Mile Rd, major arterial roads with a combined traffic count of ±26,486 VPD • Densely populated trade area with over 161,000 residents in a 5-mile radius • Strong average household earnings of $129,357 in a 5 mile radius

FOR SALE DETAILS

PRICE

$2,761,904 USD

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee Bar

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

0.54 AC

LAND SF

23,522 SF

ZONING

-

APN/PARCEL ID

R5711030040

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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