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2959 McKellips Rd
Mesa, AZ 85213

Gravity Coffee | New 25-Year Abs. NNN Lease · Retail Property For Sale

Investment Highlights

  • Brand New 25-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Average Household Income Exceeds $150,000 in the Immediate Area
  • Tenant is a Growing Drive-Thru Coffee Chain with More Than 100 Locations Open and in Development Across Nine States
  • 260,699 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
  • New 2024 Construction with a Drive-Thru

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
750 SF
Building Class
C
Year Built
2024
Construction Status
Under Construction
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.02 AC
Zoning
C-N
Parking
15 Spaces (20 Spaces per 1,000 SF Leased)
Frontage
215 FT on East McKellips Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
141-14-001T
Land Assessment
$31,360
Improvements Assessment
$0
Total Assessment
$31,360
  • Listing ID: 31728595

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 2959 McKellips Rd, Mesa, AZ 85213

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