Restaurant
Gravity Coffee
1102 28th Ave Ct, Milton, WA 98354
Listing Price: $1,700,000
Investment Overview
Since its founding in 2016, Gravity Coffee has focused on revolutionizing the drive-thru coffee industry. Gravity Coffee stores feature modern, sleek architecture with a menu of proprietary syrups, energy drinks, and coffee blends. The company has grown at a rapid rate, actively developing over 100 locations throughout Arizona, Colorado, Florida, Idaho, Nevada, Oregon, Texas, Utah, and Washington.
Milton is located just outside Tacoma in Pierce County, Washington, only 10 minutes from the Port of Tacoma and part of the greater Seattle/Tacoma MSA. The population was 8,697 at the time of the 2020 census.
Gravity Coffee
Investment Highlights
- 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
- 12.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- 185,281 Residents within a Five-Mile Radius - Growing Trade Area in the Seattle/Tacoma MSA
- New 2023 Construction with a Drive-Thru
Listing Price: $1,700,000
Investment Highlights
- 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
- 12.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- 185,281 Residents within a Five-Mile Radius - Growing Trade Area in the Seattle/Tacoma MSA
- New 2023 Construction with a Drive-Thru
Investment Overview
Since its founding in 2016, Gravity Coffee has focused on revolutionizing the drive-thru coffee industry. Gravity Coffee stores feature modern, sleek architecture with a menu of proprietary syrups, energy drinks, and coffee blends. The company has grown at a rapid rate, actively developing over 100 locations throughout Arizona, Colorado, Florida, Idaho, Nevada, Oregon, Texas, Utah, and Washington. Milton is located just outside Tacoma in Pierce County, Washington, only 10 minutes from the Port of Tacoma and part of the greater Seattle/Tacoma MSA. The population was 8,697 at the time of the 2020 census.
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