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STNL BLACK ROCK COFFEE | 15-YEAR ABSOLUTE NNN 12443 NW Grand Ave 620 SF Retail Building El Mirage, AZ 85335 $2,545,500 ($4,105.65/SF) 5.50% Cap Rate
Investment Highlights
- Long term, 15-year lease which is corporately guaranteed by Black Rock Coffee (NASDAQ: BRCB)
- The building in brand-new construction and features a double drive-thru and walk-up window, limiting tenant overhead and maximizing customer potential
- The closest drive-thru coffee shop is over 2 miles away on Grand Avenue, limiting competition for this dominant operator
- Absolute NNN means that there are ZERO landlord responsibilities, making this a truly passive and hands-off investment
- Black Rock Coffee has 53 stores in Arizona alone—one of their top performing markets
- The property is adjacent to a Food City center, providing excellent customer potential and nearby foot traffic
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
620 SF
Building Class
C
Year Built
2025
Price
$2,545,500
Price Per SF
$4,105.65
Cap Rate
5.50%
NOI
$140,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.73 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Black Rock Coffee
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Black Rock Coffee | Retailer | 99,999 SF | - | Lorem Ipsum | - |
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STNL BLACK ROCK COFFEE | 15-YEAR ABSOLUTE NNN | 12443 NW Grand Ave
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