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Tempe, AZ 85284

Better Buzz Coffee Drive-Thru

Property Address

550 West Elliot Road, Tempe, AZ, USA

Offering Summary

  • Price: $2,476,000
  • Lot Size: 1.04 Acres
  • Cap Rate: 5.25%
  • Year Built: 2024
  • Building SF: 1,575
  • Status: Available
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  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 306,636 Residents within a 5-Mile Radius - Dense Tempe Infill within the Phoenix MSA, Projected to Increase 4% by 2028
  • Better Buzz Coffee is an Established San Diego-Based Coffee Brand that is Expanding Into the Phoenix Market
  • High-Quality 2024 Construction with a Drive-Thru
  • Hard Corner Location Visible to 65,000 Cars per Day at the Intersection of Kyrene Road and Elliot Road

Broker Information

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