Better Buzz - 15-Year Ground Lease 1,741 SF Retail Building Surprise, AZ 85374 $2,762,000 ($1,586.44/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- EASY FREEWAY ACCESS - Just ±2.5 miles from a Loop 303 full-diamond interchange, seeing ±48,348 VPD and only ±1.5 miles from US- 60, seeing ±31,946 VPD
- CLOSE PROXIMITY TO KEY SCHOOLS - Valley Vista High School (±2,654 students), Willow Canyon High School (±1,985 students), and more
- RAPIDLY GROWING TRADE AREA - Multiple communities including Surprise Farms (±7,003 units), Sun City Grand (±6,870 units)and many others
- NEARBY MAJOR TRAFFIC GENERATORS - Surprise Stadium, Ottawa University- Phoenix, Sun Village Golf Course, Surprise Farms Community Park, and more
EXECUTIVE SUMMARY
Better Buzz Coffee Roasters is a prominent specialty coffee brand with a reputation for high-quality products and a unique, engaging atmosphere. Founded in 2002 in San Diego, California, Better Buzz has significantly expanded its presence and influence in the coffee industry. As of 2024, the company operates 24 locations across San Diego County and beyond, strategically placed to offer convenient access to their signature beverages and cozy ambiance.
Over the years, the company has grown substantially, driven by its commitment to quality and customer satisfaction. In 2023, Better Buzz Coffee Roasters reported an estimated revenue of $35 million, reflecting both their expanding number of locations and the increasing popularity of their coffee and café culture. Each Better Buzz location is designed to create a warm, inviting environment, featuring stylish décor, comfortable seating, and a friendly, community-focused vibe. The design often includes local art and sustainable materials, enhancing the overall customer experience.
The company has earned numerous awards over the years for its coffee and business practices. In 2023, Better Buzz was recognized with the “Best Coffee Roaster” award at the San Diego Coffee Festival and received accolades for its commitment to sustainability and community engagement. Overall, Better Buzz Coffee Roasters stands out as a leading specialty coffee brand, combining high-quality products with a welcoming atmosphere and maintaining a strong presence in the coffee industry.
Over the years, the company has grown substantially, driven by its commitment to quality and customer satisfaction. In 2023, Better Buzz Coffee Roasters reported an estimated revenue of $35 million, reflecting both their expanding number of locations and the increasing popularity of their coffee and café culture. Each Better Buzz location is designed to create a warm, inviting environment, featuring stylish décor, comfortable seating, and a friendly, community-focused vibe. The design often includes local art and sustainable materials, enhancing the overall customer experience.
The company has earned numerous awards over the years for its coffee and business practices. In 2023, Better Buzz was recognized with the “Best Coffee Roaster” award at the San Diego Coffee Festival and received accolades for its commitment to sustainability and community engagement. Overall, Better Buzz Coffee Roasters stands out as a leading specialty coffee brand, combining high-quality products with a welcoming atmosphere and maintaining a strong presence in the coffee industry.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,741 SF
Building Class
C
Year Built
2024
Price
$2,762,000
Price Per SF
$1,586.44
Cap Rate
5.25%
NOI
$145,000
Tenancy
Single
Building Height
1 Story
Lot Size
8.21 AC
Zoning
PAD - Planned Area Development - Commercial
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 501-18-690 | Improvements Assessment | $0 |
| Land Assessment | $156,877 | Total Assessment | $156,877 |
