Black Rock Coffee Bar

SLJ Company, LLC (SLJ) has been exclusively retained to offer qualified investors the opportunity to acquire a 100% fee-simple interest in Black Rock Coffee Bar located at 710 W Parker Rd, a ±2,014 square foot quick-service restaurant with drive-thru in Plano, Texas (the “Property”). Positioned on Parker Road just west of Central Expressway (U.S. Highway 75), the Property is ideally located in a dense retail corridor with high visibility, excellent access and exposure to ±46,600 vehicles per day passing directly in front of the site.
The Property was substantially renovated in 2022, including a new electrical, plumbing, interior finish out, parking lot and exterior building upgrades. The Tenant, Black Rock Store Operations, LLC, is a Black Rock Coffee Bar corporate entity. The Lease is absolute triple net with zero Landlord responsibility. There are over 14 years remaining on the initial lease term which has 10% rent increases every five years and runs through June 2037. Additionally, the Lease has three 5-year renewal option terms.
The Property is strategically positioned in the heart of the Dallas-Fort Worth market in close proximity to some of the region’s major thoroughfares like Central Expressway (US Hwy 75) and President George Bush Turnpike (SH 190). The Property’s West Parker Road location provides exposure to significant commuter traffic with over 231,600 vehicles per day on West Parker Road and Central Expressway combined. National retailers located in the immediate vicinity along the Central Expressway commercial corridor include Target, Costco, Best Buy, Petsmart, Burlington, In-N-Out Burger, and Ross Dress for Less, just to name a few.
Plano is a premier Dallas-Fort Worth suburb that offers diverse job opportunities, strong demographics and population growth. There are numerous new developments happening in Plano including high-end residential, multifamily, industrial and distribution centers plus restaurant and retail projects. Overall, Black Rock Coffee offers an investor a high-quality, stable, income-producing asset ideally positioned in an attractive Dallas-Fort Worth submarket.