Listings
Track Record
Services
The Team
The Nlag Advantage
Contact
Phoenix, AZ 85050
Gravity Coffee
Property Address
20049 North 24th Way, Phoenix, AZ, USA
Offering Summary
Price:
$2,000,000
Lot Size:
.20 Acres
Year Built:
2024
Building SF:
752
Status:
In Escrow
Download Brochure
Submit Offer
Download
Marketing Package
First Name
Last Name
Email
Phone
Company
Title
Yes, I want to sign up for NLAG email updates
What is your role in the industry?
Principal
Broker
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
241,685 Residents within a Five-Mile Radius - Dense North Phoenix Trade Area
Located at the Intersection of East Beardsley Road and Cave Creek Road with a Combined 38,300 Cars per Day
New 2024 Construction with a Drive-Thru
Directly Across from Costco and in Close Proximity to Other National Tenants: Taco Bell, Jack in the Box, McDonald's, and More
Situated Immediately Off Pima Freeway / Loop 101, a Significant Connector for the Phoenix Area (More Than 272,000 Cars per Day)
The Specialty Coffee Shop Market is Projected to Grow by $39.17 Billion from 2022 to 2027 (Source: Technavio)
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
View All Listings