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Restaurant

Black Rock Coffee

6295 E 22nd St, Tucson, AZ 85711

Listing Price: $2,583,300

Cap Rate
6.00%
Tenant Name
Black Rock Coffee
Years Remaining On Lease
14.0
Gross SF
828
Guarantor
Corporate Guarantee
Rentable SF
828
Price/Gross SF
$3,119.93
Lease Type
Absolute Net
Rent Per Square Feet
$187.20

Investment Overview

Based in Portland, Oregon, Black Rock Coffee Bar (NASDAQ: BRCB) is a contemporary coffee chain with locations throughout the West Coast. Currently, there are nearly 160 locations open and in development throughout Oregon, Arizona, California, Washington, Idaho, Texas, and Colorado.

Tucson is the second-largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor.

Investment Highlights

  • Approximately 14 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Black Rock Coffee Guaranty (NASDAQ: BRCB)
  • Black Rock Coffee is One of the Fastest-Growing Beverage Companies in the U.S. and Operates 50+ Locations in Arizona
  • Black Rock Coffee Operates Approximately 160 Locations Across Seven States, with an Aggressive National Expansion Plan to Reach 1,000 Stores by 2035
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Densely-Populated Tucson Trade Area - 242,060 Residents within a Five-Mile Radius

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

Listing Price: $2,583,300

Cap Rate
6.00%
Tenant Name
Black Rock Coffee
Years Remaining On Lease
14.0
Gross SF
828
Guarantor
Corporate Guarantee
Rentable SF
828
Price/Gross SF
$3,119.93
Lease Type
Absolute Net
Rent Per Square Feet
$187.20

Investment Highlights

  • Approximately 14 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Black Rock Coffee Guaranty (NASDAQ: BRCB)
  • Black Rock Coffee is One of the Fastest-Growing Beverage Companies in the U.S. and Operates 50+ Locations in Arizona
  • Black Rock Coffee Operates Approximately 160 Locations Across Seven States, with an Aggressive National Expansion Plan to Reach 1,000 Stores by 2035
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Densely-Populated Tucson Trade Area - 242,060 Residents within a Five-Mile Radius

Investment Overview

Based in Portland, Oregon, Black Rock Coffee Bar (NASDAQ: BRCB) is a contemporary coffee chain with locations throughout the West Coast. Currently, there are nearly 160 locations open and in development throughout Oregon, Arizona, California, Washington, Idaho, Texas, and Colorado. Tucson is the second-largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor.

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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