Mesa, AZ 85213

Gravity Coffee

Property Address

2959 East McKellips Road, Mesa, AZ, USA

Offering Summary

  • Price: $2,175,000
  • Lot Size: 1.02 Acres
  • Year Built: 2024
  • Building SF: 750
  • Status: In Escrow
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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
  • 260,699 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
  • Average Household Income Exceeds $150,000 in the Immediate Area
  • New 2024 Construction with a Drive-Thru
  • Highly Visible Location Along East McKellips Road (65,000 Cars per Day at Lindsay Road & McKellips Intersection)

Broker Information