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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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Principal
Broker
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
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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