Apache Junction, AZ 85120

Gravity Coffee

Property Address

1525 West Apache Trail, Apache Junction, AZ, USA

Offering Summary

  • Price: $2,061,000
  • Lot Size: 1.19 Acres
  • Cap Rate: 5.75%
  • Year Built: 2023
  • Building SF: 750
  • Status: Available
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  • Brand New 25-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
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 135,021 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
  • Located at the Corner of Apache Trail (Apache Junction's Primary Thoroughfare) and Ironwood Drive with a Combined 45,000 Cars per Day
  • New 2023 Construction with a Drive-Thru
  • Surrounded by National Retailers - Walmart, Safeway, McDonald's, Dollar Tree, and More
  • Close Proximity to Superstition Vistas, a New Master-Planned Community with Over 11,000 Homes Projected at Full Build Out - Superstition Vistas is the City's Largest Project to Date
  • The Specialty Coffee Shop Market is Projected to Grow by $39.17 Billion from 2022 to 2027 (Source: Technavio)

Broker Information