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Black Rock Coffee Bar Keizer 4560 River Rd N 462 SF Retail Building Keizer, OR 97303 $975,000 ($2,110.39/SF) 6.11% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Frontage on Main Arterial with Access on a secondary street
  • Well designed, high quality building and components built in 2018
  • Absolute Net Investment

EXECUTIVE SUMMARY

Excellent absolute NET investment opportunity with an established multi state credit tenant. The subject property is leased to Black Rock Coffee Bar Corporate on a 10-year term that commenced in August 2021 that includes two 5 year options to extend. Current rent is $4,967.16/Mo and increases by 2.5% every August. This location was established in 2018 and has a great track record of performance. The site is a .24 AC corner lot with a 462 SQFT Building was completed in October of 2018. This location is along River Road N and Dietz Avenue NE with frontage along River Road N, which is a well-traveled arterial. The subject improvements are in good condition and are of good quality. Listing Agent is a member of the selling entity.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
462 SF
Building Class
B
Year Built
2018
Price
$975,000
Price Per SF
$2,110.39
Cap Rate
6.11%
NOI
$59,606
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.24 AC
Zoning
MU- Mixed Use - MU- Mixed use zoning
Parking
4 Spaces (8.66 Spaces per 1,000 SF Leased)
Frontage
61’ on River Rd

AMENITIES

  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Black Rock Coffee Bar is a rapidly growing U.S.-based coffee chain that began its journey in 2008 with a single 160-square-foot drive-thru in Beaverton, Oregon. Founded by a group of passionate entrepreneurs, the company was built on a simple yet powerful mission: to create meaningful connections through exceptional coffee experiences. Over the years, Black Rock Coffee Bar has evolved from a local favorite into a nationwide brand, now operating locations across seven states, including Oregon, Arizona, Texas, Colorado, and California. The company specializes in premium roasted coffees, teas, smoothies, and its signature Fuel energy drinks, offering both drive-thru convenience and inviting lobby spaces designed for community and conversation. Guided by its motto, “Fuel People Forward – One Connection, One Moment, One Cup at a Time,” Black Rock Coffee Bar emphasizes hospitality, quality, and a people-first culture

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Columbia Bank
Order Express, Inc.
Dutch Bros
Starbucks
U.S. Bank
The Human Bean
Hertz Equipment Rental
Chase Bank
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
547987
Land Assessment
$183,990
Improvements Assessment
$151,210
Total Assessment
$335,200
  • Listing ID: 33984867

  • Date on Market: 11/23/2024

  • Last Updated:

  • Address: 4560 River Rd N, Keizer, OR 97303

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