Black Rock Coffee & Outfront Billboard | 1825 S Mesa Dr
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Black Rock Coffee & Outfront Billboard 1825 S Mesa Dr
1,887 SF Retail Building Mesa, AZ 85210 $3,185,000 ($1,688/SF) 5.54% Cap Rate
Investment Highlights
- Brand New 15-Year Modified Triple-Net (NNN) Lease with National Coffee Tenant - 140+ Locations in 7 States
- New 2024 Construction with a Drive-Thru
- Site Includes a Billboard with a 10-Year Lease
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Black Rock Coffee is One of the Largest Privately-Held Coffee Companies in the U.S. and Operates 44 Locations in Arizona
- 431,613 Residents within a 5-Mile Radius in Dense Mesa Infill - Phoenix MSA
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,887 SF
Building Class
C
Year Built
2024
Price
$3,185,000
Price Per SF
$1,688
Cap Rate
5.54%
NOI
$176,577
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Nearby Major Retailers
1 of 7
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Black Rock Coffee & Outfront Billboard | 1825 S Mesa Dr
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