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Description

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.

Listing Details

  • Cap Rate

    5.5%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    restaurant

  • Date Listed

    5/18/2026

  • Net Operating Income

    $140,000

  • Building FAR

    0.02

Property Specifics

  • Property Name

    Black Rock Coffee Bar | 12443 NW Grand Ave

  • Property Class

    B

  • No of Stories

    1

  • Year Built

    2025

  • Building Size

    620 SF

  • Lot Size

    0.73 Ac

  • APN

    501-33-992

Property Amenities

Location Amenities

Airport
Public Transportation