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Restaurant

The Human Bean – Arizona State University

1765 E University Dr, Tempe, AZ 85288

Listing Price: $1,600,000

Cap Rate
5.53%
Tenant Name
The Human Bean
Years Remaining On Lease
2.4
Guarantor
Franchisee Guarantee
Rentable SF
546
Lease Type
Absolute Net
Rent Per Square Feet
$162.18

Investment Overview

With a passion for creating happy people and a love of coffee, The Human Bean opened its first drivethru
espresso stand in Ashland, Oregon, in 1998. The demand for convenient, quality coffee & espresso
grew and soon after opening the first location in Ashland, the company expanded to surrounding cities in
Southern Oregon. The Human Bean quickly established a reputation for having friendly and experienced
baristas and offering the highest quality ingredients. Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. Visitors will find locally-owned eateries and microbreweries, annual festivals, arts and cultural events. There are plenty of opportunities to enjoy the over 300 days of sunshine a year, including biking, hiking, or paddle boarding.

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with 3 Percent Annual Increases - .71 Acre Parcel with Rights to 41 Off Site Parking Spaces
  • Visible to 74,000 Cars per Day from the Intersection of McClintock Dr. & University Dr.
  • Excellent Location Just Minutes from Arizona State University's Tempe Campus with Over 79,500 Students. ASU is the Largest Public University in the U.S.
  • Infill Tempe, Arizona - 354,703 Residents in Trade Area
  • Two Minutes from Tempe Marketplace, a 1.3 Million-Square-Foot Retail Destination

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

The Human Bean – Arizona State University

Listing Price: $1,600,000

Cap Rate
5.53%
Tenant Name
The Human Bean
Years Remaining On Lease
2.4
Guarantor
Franchisee Guarantee
Rentable SF
546
Lease Type
Absolute Net
Rent Per Square Feet
$162.18

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with 3 Percent Annual Increases - .71 Acre Parcel with Rights to 41 Off Site Parking Spaces
  • Visible to 74,000 Cars per Day from the Intersection of McClintock Dr. & University Dr.
  • Excellent Location Just Minutes from Arizona State University's Tempe Campus with Over 79,500 Students. ASU is the Largest Public University in the U.S.
  • Infill Tempe, Arizona - 354,703 Residents in Trade Area
  • Two Minutes from Tempe Marketplace, a 1.3 Million-Square-Foot Retail Destination

Investment Overview

With a passion for creating happy people and a love of coffee, The Human Bean opened its first drivethru espresso stand in Ashland, Oregon, in 1998. The demand for convenient, quality coffee & espresso grew and soon after opening the first location in Ashland, the company expanded to surrounding cities in Southern Oregon. The Human Bean quickly established a reputation for having friendly and experienced baristas and offering the highest quality ingredients. Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. Visitors will find locally-owned eateries and microbreweries, annual festivals, arts and cultural events. There are plenty of opportunities to enjoy the over 300 days of sunshine a year, including biking, hiking, or paddle boarding.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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