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Restaurant

Better Buzz Coffee Ground Lease

14441 W Bell Rd, Surprise, AZ 85374

Listing Price: $2,762,000

Cap Rate
5.25%
Tenant Name
Better Buzz Coffee Company
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
1,741
Lease Type
NNN Ground Lease
Rent Per Square Feet
$83.29

Investment Overview

Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents. The City of Surprise offers an assortment of amenities. Located in the center of Surprise is the Surprise stadium.

Better Buzz Coffee Company is a San Diego-based coffee brand. With roughly 20 locations throughout the San Diego area, the company has recently expanded into the Phoenix market, opening its first Arizona location in February 2024 with plans to open more locations in Tempe, Surprise, Scottsdale, and Queen Creek.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 229,136 Residents within a Five-Mile Radius
  • Number of Households Projected to Grow More than 5 Percent Within the Next Five Years Within a One-Mile Radius
  • Better Buzz Coffee is an Established San Diego-Based Coffee Brand that is Expanding Into the Phoenix Market
  • Excellent Frontage Along Bell Road, Visible to 43,800-Plus CPD and 2.5 Miles From Loop 303
  • Average Household Income Exceeds $100,000 in a Five-Mile Radius
  • Approximately a One-Mile Radius of Ottowa University, Surprise Stadium, and Other Major Tenants Including The Home Depot, Target, Walmart Supercenter, Sprouts, Ross, and More

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Better Buzz Coffee Ground Lease

Listing Price: $2,762,000

Cap Rate
5.25%
Tenant Name
Better Buzz Coffee Company
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
1,741
Lease Type
NNN Ground Lease
Rent Per Square Feet
$83.29

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 229,136 Residents within a Five-Mile Radius
  • Number of Households Projected to Grow More than 5 Percent Within the Next Five Years Within a One-Mile Radius
  • Better Buzz Coffee is an Established San Diego-Based Coffee Brand that is Expanding Into the Phoenix Market
  • Excellent Frontage Along Bell Road, Visible to 43,800-Plus CPD and 2.5 Miles From Loop 303
  • Average Household Income Exceeds $100,000 in a Five-Mile Radius
  • Approximately a One-Mile Radius of Ottowa University, Surprise Stadium, and Other Major Tenants Including The Home Depot, Target, Walmart Supercenter, Sprouts, Ross, and More

Investment Overview

Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents. The City of Surprise offers an assortment of amenities. Located in the center of Surprise is the Surprise stadium. Better Buzz Coffee Company is a San Diego-based coffee brand. With roughly 20 locations throughout the San Diego area, the company has recently expanded into the Phoenix market, opening its first Arizona location in February 2024 with plans to open more locations in Tempe, Surprise, Scottsdale, and Queen Creek.

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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