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Gilbert, AZ 85297
Gravity Coffee
Property Address
3939 South Val Vista Drive, Gilbert, AZ, USA
Offering Summary
Price:
$2,542,000
Lot Size:
.89 Acres
Year Built:
2024
Building SF:
784
Status:
In Escrow
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Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
Tenant is a Growing Drive-Thru Coffee Chain with More Than 100 Locations Open and in Development Across Nine States
Annual Rental Increases in the Initial Term with Multiple Renewal Options
282,726 Residents within a 5-Mile Radius - Growing Trade Area in the Phoenix MSA
Households and Population Projected to Increase Nearly 20% within 1 Mile by 2028
New 2024 Construction with Double Drive-Thru Lanes
Affluent Trade Area - $175,000 Average Household Income in the Immediate Area
Situated at a High-Traffic Intersection with 53,000+ Cars per Day
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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