Restaurant

Black Rock Coffee - 15 Year Triple-Net Drive-Thru

Listing Price: $2,800,000

Cap Rate
5.00%
Tenant Name
Black Rock Store Operations, LLC
Years Remaining On Lease
15.40
Guarantor
Corporate Guarantee
Rentable SF
2,882
Lease Type
Absolute Net
Rent Per Square Feet
$48.58

Investment Overview

Based in Portland, Oregon, Black Rock Coffee Bar is a contemporary coffee chain with locations throughout the Western half of the U.S. 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 60 locations throughout Oregon, Arizona, California, Nevada, Washington, Idaho and Colorado with more locations coming soon in each state.

Investment Highlights

  • New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 121,884 Residents within a Five-Mile Radius - Growing Southlake Trade Area within the Dallas/Fort Worth MSA
  • Brand New 2020 Renovation, Including a New Roof
  • Situated Near a Highly Trafficked Intersection (Over 63,450 Cars Per Day)

Exclusively Listed By

Restaurant

Black Rock Coffee - 15 Year Triple-Net Drive-Thru

Listing Price: $2,800,000

Cap Rate
5.00%
Tenant Name
Black Rock Store Operations, LLC
Years Remaining On Lease
15.40
Guarantor
Corporate Guarantee
Rentable SF
2,882
Lease Type
Absolute Net
Rent Per Square Feet
$48.58

Investment Highlights

  • New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 121,884 Residents within a Five-Mile Radius - Growing Southlake Trade Area within the Dallas/Fort Worth MSA
  • Brand New 2020 Renovation, Including a New Roof
  • Situated Near a Highly Trafficked Intersection (Over 63,450 Cars Per Day)

Investment Overview

Based in Portland, Oregon, Black Rock Coffee Bar is a contemporary coffee chain with locations throughout the Western half of the U.S. 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 60 locations throughout Oregon, Arizona, California, Nevada, Washington, Idaho and Colorado with more locations coming soon in each state.

Exclusively Listed By

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