Restaurant
Black Rock Coffee | 15 Yr Abs NNN | Phoenix MSA
20265 N John Wayne Pkwy, Maricopa, AZ 85138
Listing Price: $3,500,000
Investment Overview
Based in Portland, Oregon, Black Rock Coffee Bar (NASDAQ: BRCB) 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 200 locations open and in development throughout Oregon, Arizona, California, Washington, Idaho, Texas, and Colorado.
Maricopa is one of the oldest and most historic communities in the state of Arizona. It is nestled in the heart of the Sonoran Desert, surrounded by mountain ranges and desert scenery. As one of Arizona’s fastest-growing cities, Maricopa remains rich in history and innate beauty, and remains a fantastic place to raise a family, build a business, or enjoy the warm climate and desert views. Maricopa has been recognized as the #1 Most Diverse School District in the Phoenix Area (Niche.com, 2022), the #4 Safest City in Arizona (Alarms.org, 2021), and the #8 Best Suburb to Buy a House in Phoenix (Niche.com, 2021).
Black Rock Coffee | 15 Yr Abs NNN | Phoenix MSA
Investment Highlights
- New 15-Year Absolute Triple-Net (NNN) Lease with Black Rock Coffee (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 ±200 Locations Across 7 States, with an Aggressive National Expansion Plan to Reach 1,000 Stores by 2035
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Households and Population Expected to Increase Over 9% in the Surrounding Area in the Next 5 Years
- Excellent Frontage Along North John Wayne Parkway (±47,765 Cars per Day), Maricopa's Primary Thoroughfare Providing Direct Access to the I-10 Freeway
Restaurant
Black Rock Coffee | 15 Yr Abs NNN | Phoenix MSA
Listing Price: $3,500,000
Investment Highlights
- New 15-Year Absolute Triple-Net (NNN) Lease with Black Rock Coffee (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 ±200 Locations Across 7 States, with an Aggressive National Expansion Plan to Reach 1,000 Stores by 2035
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Households and Population Expected to Increase Over 9% in the Surrounding Area in the Next 5 Years
- Excellent Frontage Along North John Wayne Parkway (±47,765 Cars per Day), Maricopa's Primary Thoroughfare Providing Direct Access to the I-10 Freeway
Investment Overview
Based in Portland, Oregon, Black Rock Coffee Bar (NASDAQ: BRCB) 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 200 locations open and in development throughout Oregon, Arizona, California, Washington, Idaho, Texas, and Colorado. Maricopa is one of the oldest and most historic communities in the state of Arizona. It is nestled in the heart of the Sonoran Desert, surrounded by mountain ranges and desert scenery. As one of Arizona’s fastest-growing cities, Maricopa remains rich in history and innate beauty, and remains a fantastic place to raise a family, build a business, or enjoy the warm climate and desert views. Maricopa has been recognized as the #1 Most Diverse School District in the Phoenix Area (Niche.com, 2022), the #4 Safest City in Arizona (Alarms.org, 2021), and the #8 Best Suburb to Buy a House in Phoenix (Niche.com, 2021).
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