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Black Rock Coffee 16 W McKellips Rd 796 SF Retail Building Mesa, AZ 85201 $2,571,429 ($3,230.44/SF) 5.25% Cap Rate
Investment Highlights
- Located just east of the 202 freeway with 99,000+ cars per day
- Highly visible location along East McKellips Road (38,500+ cars per day)
- Dense residential trade area with 265,098 inhabitants within a five-mile radius
- Mesa, AZ is the 38th largest city in the U.?S.?
Executive Summary
Absolute NNN Lease
5.25% Cap Rate
5.25% Cap Rate
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
796 SF
Building Class
B
Year Built
2025
Price
$2,571,429
Price Per SF
$3,230.44
Cap Rate
5.25%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.67 AC
Zoning
C-G - L-C Limited Commercial
Frontage
Amenities
- Signage
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Black Rock Coffee Bar
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Black Rock Coffee Bar | Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 136-17-003S | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $45,492 |
Property Taxes
Parcel Number
136-17-003S
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$45,492
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Black Rock Coffee | 16 W McKellips Rd
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