Black Rock Coffee
Retail | 5.65% CAP | 650 SqFt
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Black Rock Coffee investment property located in Killeen, Texas. The tenant recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation. The newly constructed site will feature a state-of-the-art design with high-quality materials. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Founded as a family owned and operated business in Oregon in 2008, Black Rock Coffee Bar has grown to over 180 retail locations in seven states.
Investment highlights
- The tenant recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
- The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation
- The newly constructed site will feature a state-of-the-art design with high-quality materials
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
