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2959 E Mckellips Rd Mesa, AZ 85213

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For Sale
$2,175,000

New construction drive-thru coffee shop with long-term corporate lease.

Property size:
750 SF
Lot size:
1.02 Acres

Property Features for 2959 E Mckellips Rd

General Information

Size
750 SF
Lot size
1.02 Acres

Source: Marcus & Millichap | Phoenix Agent Chris Lind

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Drive-Thru Coffee Shop

This property features a brand new 25-year absolute triple-net (NNN) lease with a corporate guaranty. The tenant is a growing drive-thru coffee chain with more than 100 locations open and in development across nine states. The property includes 10 percent rental increases every five years with multiple renewal options. Located along East McKellips Road, the site benefits from high visibility with 65,000 cars per day at the Lindsay Road & McKellips intersection. The surrounding trade area within a five-mile radius has 260,699 residents. The average household income exceeds $150,000 in the immediate area. The property is new construction, completed in 2024, and includes a drive-thru. The property size is 750 square feet and is suitable for coffee shops, restaurants, retail, and specialty properties.
Location Intelligence

Current Use by Public Records

Gravity Coffee Coffee Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Dutch Bros Coffee, Dutch Bros Coffee, Balboa’s, Starbucks, Starbucks

Location Insight

  • Map
  • Local Demand
City
Mesa
County
Maricopa
State
Arizona
Longitude
-111.7689681
Latitude
33.4505435

FAQs

What type of property is this?
Coffee shop - New construction drive-thru coffee shop with long-term corporate lease.
Where is this coffee shop located?
The property is located at 2959 E Mckellips Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: - Brand new 25-year absolute triple-net (NNN) lease with corporate guaranty.; - Tenant is a growing drive-thru coffee chain with more than 100 locations.; - Features 10 percent rental increases every five years with multiple renewal options.
More about this property
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