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Restaurant

Black Rock Coffee & Outfront Billboard

1825 S Mesa Dr, Mesa, AZ 85210

Listing Price: $3,185,000

Cap Rate
5.54%
Tenant Name
Black Rock Coffee
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
1,887
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$93.58

Investment Overview

Based in Portland, Oregon, Black Rock Coffee Bar is a contemporary coffee chain with locations throughout the West Coast. Through their employee franchise program, employees have the opportunity to open their own locations, ensuring that Black Rock’s culture is maintained and consistent at each new location.
Currently, there are over 140 locations open and in development throughout Oregon, Arizona, California,
Washington, Idaho, Texas, and Colorado.

Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Investment Highlights

  • Brand New 15-Year Modified Triple-Net (NNN) Lease with National Coffee Tenant - 140+ Locations in 7 States
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • Black Rock Coffee is One of the Largest Privately-Held Coffee Companies in the U.S. and Operates 44 Locations in Arizona
  • Site Includes a Billboard with a 10-Year Lease

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Black Rock Coffee & Outfront Billboard

Listing Price: $3,185,000

Cap Rate
5.54%
Tenant Name
Black Rock Coffee
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
1,887
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$93.58

Investment Highlights

  • Brand New 15-Year Modified Triple-Net (NNN) Lease with National Coffee Tenant - 140+ Locations in 7 States
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • Black Rock Coffee is One of the Largest Privately-Held Coffee Companies in the U.S. and Operates 44 Locations in Arizona
  • Site Includes a Billboard with a 10-Year Lease

Investment Overview

Based in Portland, Oregon, Black Rock Coffee Bar is a contemporary coffee chain with locations throughout the West Coast. Through their employee franchise program, employees have the opportunity to open their own locations, ensuring that Black Rock’s culture is maintained and consistent at each new location. Currently, there are over 140 locations open and in development throughout Oregon, Arizona, California, Washington, Idaho, Texas, and Colorado. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

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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