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Black Rock Coffee Bar | 12443 NW Grand Ave

12443 NW Grand Ave, El Mirage, AZ 85335
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FOR SALERetail / Restaurant
Cap Rate
5.5%
NOI
$140,000
Building Size
620SF
APN
501-33-992
Lot Size
0.73Ac
Year Built
2025
Listing Contacts
Director
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More property details

Tenancy
Single Tenant
Currently Leased
No
Building FAR
0.02
Property Class
B
No of Stories
1

Features & amenities

Location Amenities
Airport
Public Transportation

Location

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Black Rock Coffee Bar | 12443 NW Grand Ave
About the location

Cushman & Wakefield is pleased to present the opportunity to acquire a net-leased investment occupied by Black Rock Coffee Bar, a rapidly expanding drive-thru coffee concept with a growing footprint throughout the Western United States. The property is secured by a corporate-guaranteed absolute NNN lease, offering investors a stable and predictable passive income stream with zero landlord responsibilities and attractive built-in rent escalations throughout the lease term. Founded in 2008 in Portland, Black Rock Coffee Bar has cultivated a loyal customer following through its community-focused brand identity, premium coffee beverages, energy drinks, and expanding food offerings. As of early 2026, the company operates more than 181 locations across seven states and continues to pursue a disciplined expansion strategy. Black Rock became publicly traded on the NASDAQ: BRCB in September 2025, further strengthening the company’s visibility and capital position as it continues growing throughout the western United States. The subject property is strategically located along U.S. Route 60 (Grand Avenue) in El Mirage, a rapidly growing trade area within the greater Phoenix metropolitan area. The site benefits from exceptional visibility and exposure to approximately 41,398 vehicles per day, along with convenient regional connectivity via Loop 303, Loop 101, and US-60. The surrounding area is densely populated, with more than 240,000 residents within a five-mile radius, supporting strong long-term retail demand. Positioned on approximately ±0.73 acres, the property offers compelling underlying real estate fundamentals within a high-growth suburban corridor. This offering represents an opportunity to acquire a newly developed Black Rock Coffee Bar investment featuring durable passive income, strong real estate fundamentals, and long-term value supported by a growing publicly traded tenant.

Documents

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12443 NW Grand Ave OM.pdf
12.76 MB · Listing document
Black Rock Coffee Bar | 12443 NW Grand Ave
620 SF · retail · United States · AZ
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