Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Phoenix
$3,376,000
New Black Rock Coffee | 15-Yr NNN | High Barrier to Entry
Details
APN 408-25-038R
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 660
Cap Rate 5%
NOI $168,800
Tenancy Single
Brand/Tenant Starbucks, Dunkin'
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2041
Remaining Term 15.2
Rent Bumps Yes
Year Built 2026
Acreage 0.430
Zoning Commercial
Parking Spaces 6 spaces
Parking per 1,000 SqFt 9.09
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Corporate Guarantee | World-Renowned Sedona Tourism & Wellness Destination
Marketing description
SRS Real Estate Partners-West, LLC 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 Sedona, AZ. The tenant, Black Rock Store Operations LLC (corporate entity), recently signed a brand new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
Investment highlights
- Tenant recently signed a brand-new, corporately guaranteed, 15-year lease
- Lease provides 10% rental increases every five years throughout the term, plus four (5-year) renewal options
- Black Rock Coffee Bar (Nasdaq: BRCB) operates 190+ drive-thru coffee bars across seven states with 23.7% year-over-year revenue growth and 5.2% same-store sales growth
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Phoenix
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,800.00
$14,066.67/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Zoning
CO CommercialGeneral CommercialCommercial
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View all 90 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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