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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

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