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San Tan Valley, AZ 85143
Black Rock Coffee
Property Address
635 East Hunt Highway, San Tan Valley, AZ, USA
Offering Summary
Price:
$2,952,300
Lot Size:
.95 Acres
Cap Rate:
5.25%
Year Built:
2024
Building SF:
2,400
Status:
In Escrow
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Brand New 15-Year Absolute Triple-Net (NNN) Lease with National Coffee Tenant - 140+ Locations in 7 States
10% Rental Increases Every 5 Years with Multiple Renewal Options
New 2024 Construction with a Double Drive-Thru Lanes
Black Rock Coffee is One of the Largest Privately-Held Coffee Companies in the U.S. and Operates 44 Locations in Arizona
82,077 Residents within a 5-Mile Radius - Phoenix MSA
Households and Population Projected to Increase 7%+ in the Surrounding Area by 2028
Surrounded by National Retailers: Fry's, McDonald's, Walgreens, and More
Excellent Visibility Along Hunt Highway, San Tan Valley's Primary Thoroughfare (33,500+ Cars per Day)
Average Household Income Exceeds $92,000 in the Surrounding Area
Adjacent to 181 Planned Single-Family Rental Units
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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