Black Rock Coffee Absolute NNN Lease 15 years

Exclusively represented by ORION Investment Real Estate-Nick Miner, CCIM

Price: $2,273,000

Building Size: ± 624 SF

Year Built/Renovated: 2018/2025

CAP RATE: 5.5%

Lease Type: Absolute NNN

Lease Term: 15 Year Initial Term

NOI: $125,000

Black Rock operates more than 50 locations in Arizona, with roughly 40+ in the Phoenix metro, making the state one of its core growth markets. Recent openings in Peoria, Tolleson, Mesa, and additional Valley submarkets highlight an ongoing infill and densification strategy rather than just one‑off locations.

Locations typically feature a drive‑thru, with many also including an interior lobby/seating area; all new builds are expected to have drive‑thru plus dine‑in. Black Rock favors high‑visibility, high‑traffic arterial corners with strong commuter patterns, often in suburban growth corridors and master‑planned communities.

Recently taken over by Black Rock Coffee, formerly occupied by Ziggi’s Coffee. Strategically located within a high-traffic corridor, this site is surrounded by strong neighboring retail/traffic avenues, including CVS, Goodwill, Mesquite High School, Legacy Traditional School, Cobblestone Auto Spa, as well as growing residential communities and retail centers, driving consistent foot traffic and long-term demand.

For more info: https://nickminer.com/properties/blackrockcoffeechandleraz/