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New Drive-Thru Coffee Shop

2959 E McKellips Rd, Mesa, AZ

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For Sale

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

Type:RETAIL

Property size:

750 SF

Lot size:

1.02 Acres

Price / SF:

$2,900/SF

HighLights

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.
260,699 residents within a five‑mile radius.
Average household income exceeds $150,000 in the immediate area.
Highly visible location along East McKellips Road (65,000 cars per day).

We can help!

Listing Contact

Chris Lind

Learn more

For Sale

Contact for pricing

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

Type:RETAIL

Property size:

750 SF

Lot size:

1.02 Acres

Price / SF:

$2,900/SF

Added:: May 8, 2024
Days on Market:: 771
Last Refresh:: May 19 at 10:41 pm

Property Features for 2959 E McKellips Rd

General Information

Standard status: Active
Size: 750 SF
Lot size: 1.02 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Chris Lind

Listing agent Chris Lind License #(S):AZ:SA550593000,NV:S.0192964

Listing office Marcus & Millichap | Phoenix

Listing date May 8, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix

HighLights

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.
260,699 residents within a five‑mile radius.
Average household income exceeds $150,000 in the immediate area.
Highly visible location along East McKellips Road (65,000 cars per day).

Overview

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 Cafe & Coffee Shop

Suggested Use

Location Insight

Map
Local Demand

City: Mesa
County: Maricopa
State: Arizona
Longitude: -111.769
Latitude: 33.4505

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For sale
Coffee shops
AZ
Mesa
2959 E McKellips Rd

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.

2959 E McKellips Rd, Mesa, AZ

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

Property Features for 2959 E McKellips Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mesa Fourplex in Prime Location

Multi-Tenant Strip Center For Sale

Income Property in Downtown Mesa

Mesa Duplex with Leases

Duplex Studio Units

Mesa Duplex: Investment Opportunity

Medical Office Building

Mesa Restaurant Property For Sale

Drive-Through Restaurant Site

New Mesa Fourplex Investment Opportunity

Mesa Medical Office Building For Sale

Valvoline NNN Ground Lease Investment

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