6295 22Nd St Tucson, AZ 85711
This exceptional investment opportunity presents a freestanding Black Rock Coffee Bar located in Tucson, Arizona. The property boasts a 15-year absolute NNN lease with three 5-year renewal options, commencing November 9, 2024, and expiring November 30, 2039. The 828 square foot building sits on a 0.482-acre lot and was constructed in 2020. The lease includes a 10% rent increase every five years, providing consistent income growth. The property enjoys a prime location at a signalized intersection with high visibility and traffic volume (72,000+ vehicles per day), surrounded by national tenants such as Walmart, Wendy's, and Taco Bell. Its proximity to Davis-Monthan Air Force Base further enhances its appeal, serving a substantial population of airmen and civilian personnel. The property's strong tenant, Black Rock Coffee Bar, is a rapidly expanding company, providing a corporate guarantee and significant growth potential. The current Net Operating Income (NOI) is $155,000, yielding a 5.35% cap rate, with an asking price of $2,898,000. This represents a compelling investment opportunity with strong tenant credit, long-term lease stability, and significant upside potential in a thriving market. The property's 100% occupancy and excellent location make it an attractive addition to any portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.