NNN Coffee
New
For Sale
$2,454,545
16 W McKellips Rd, Mesa, AZ 85201
Black Rock Coffee occupies the property under an absolute triple-net lease.
Property Size1,585 SF
Price / SF$1,548
Days on Market3
Property Features for 16 W McKellips Rd
General Information
Standard status
Active
Size
1,585 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Site & Location
Corner Location
Yes
Traffic Count
51,000 vehicles/day
Additional Details
Tenant in Place
Yes
Amenities
New 15-Year Absolute Triple-Net (NNN) Lease with Black Rock Coffee (NASDAQ: BRCB)
Black Rock Coffee is One of the Fastest-Growing Beverage Companies in the U.S. and Operates Over 50 Locations in Arizona
Black Rock Coffee Operates Approximately 200 Locations Across Seven States, with an Aggressive National Expansion Plan to Reach 1,000 Stores by 2035
10 Percent Rental Increases Every Five Years with Multiple Renewal Options
Densely-Populated Trade Area in the Phoenix MSA with 262,715 Residents within a Five-Mile Radius
High-Traffic Location, Accessible by Over 51,000 Cars per Day at the Corner of McKellips Road and Center Street
Surrounded by National Tenants: Goodwill, McDonald's, Whataburger, Walmart Neighborhood Market, Circle K, and More
Easy Freeway Access, Approximately One Mile South and East the Loop 202/Red Mountain Freeway, a Major Connector Traveled by Over 90,000 Cars per Day
Building Details
Building Size
1,585 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Phoenix
Listed By:
Chris Lind · License #License(s): AZ: SA627823000, NC: LC1060
(602) 687-6780
Source:
Marcusmillichap
Added: Oct 23
Last Checked: Oct 24 at 1:23PM
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
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Investment Insights
Based on property information with market context.
The 1,585-square-foot property is leased to Black Rock Coffee under a new 15-year absolute NNN agreement. The lease includes 10% rental increases every five years and multiple renewal options.
At the corner of McKellips Road and Center Street, the site is accessible to more than 51,000 cars per day. Nearby national tenants include Goodwill, McDonald's, Whataburger, Walmart Neighborhood Market, and Circle K.
At the corner of McKellips Road and Center Street, the site is accessible to more than 51,000 cars per day. Nearby national tenants include Goodwill, McDonald's, Whataburger, Walmart Neighborhood Market, and Circle K.
Key Highlights
- 1,585‑square‑foot property leased to Black Rock Coffee
- New 15‑year absolute NNN lease
- 10% rental increases every 5 years, with multiple renewal options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
51,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
127k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 30%
Apparel 10%
McDonald's
Dining
31,122 visits/mo
0.4 miles
Whataburger
Dining
15,652 visits/mo
0.4 miles
Jack in the Box
Dining
13,966 visits/mo
0.5 miles
Goodwill
Apparel
12,069 visits/mo
0.2 miles
Circle K
Shops & Services
11,427 visits/mo
0.1 miles
Demographics for 85201, AZ
51,187
Population
23,099
Households
2.2
Avg Household Size
33
Median Age
27%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
5,445
Density / Sq Mi
$63,725
Median Household Income
$40,067
Median Earnings
$1,349
Median Rent
$292,600
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - Black Rock Coffee occupies the property under an absolute triple-net lease.
Where is this nnn property located?
The property is located at 16 W McKellips Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $2,454,545.
What are key features of this property?
This property features: 1,585‑square‑foot property leased to Black Rock Coffee; New 15‑year absolute NNN lease; 10% rental increases every 5 years, with multiple renewal options
