New Drive-Thru Coffee
For Sale
Contact for pricing
Pending
2959 E McKellips Rd, Mesa, AZ
New construction drive-thru coffee shop with long-term corporate lease.
Property Size750 SF
Lot Size1.02 Acres
Days on Market862
Property Features for 2959 E McKellips Rd
General Information
Standard status
Pending
Size
750 SF
Lot size
1.02 Acres
Property subtype
RETAIL
Listing Agency:
Marcus & Millichap | Phoenix
(602) 687-6700
Listed By:
Chris Lind · License #(S):AZ:SA627823000
(602) 370-9255
Source:
Moodyscre
Added: May 8, 2024
Changed: Aug 8
Last Checked: Sep 15 at 6:16AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Shops & Services 34%
Dining 29%
Walmart Neighborhood Market
Groceries
32,837 visits/mo
0.3 miles
ARCO
Shops & Services
12,682 visits/mo
0.2 miles
Quick Quack Car Wash
Shops & Services
11,161 visits/mo
0.1 miles
SONIC Drive In
Dining
10,294 visits/mo
0.1 miles
Black Rock Coffee Bar
Dining
6,289 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Black Rock Coffee Bar — 2725 E McKellips Rd, Mesa, AZ 85213
- Gravity Coffee — 2959 E McKellips Rd, Mesa, AZ 85213
Frequently Asked Questions
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.
