Black Rock Coffee Bar

1,925 SF | Retail Building | Frisco, TX 75036 | $3,219,000 ($1,672/SF) | 5.25% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,219,000

Property Type
Retail, Restaurant
Square Feet
1,925 SF
Price / Square Foot
$1,672

Listing Contacts

Kyle Varni
Kyle Varni
Verified Profile
  • Property Info

Property Details

Class
C
Year Built
2024
Stories
1
Property Subtype
Storefront, Freestanding
Lot Size (sq. ft)
49,223 SF

Highlights

  • Brand New Construction, 15-Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years & (4) 5-Year Options to Renew
  • Rare Over-Sized Parcel of 1.13 Acres That Sits on a Signalized Intersection of FM 423 & Old Newman Road (48,750+ VPD)
  • Exceptional Demographics w/ Population Over 117,000 People and an Average Household Income of $183,000+ in a 3 Mile Radius
  • Less than 4 Miles from Fields West Development, a $10B Development that Includes PGA Headquarters, Universal Studios Theme Park, & Much More
  • Corporate Guaranty w/ High Growth Oriented Business – Black Rock Coffee is Ranked One of America’s Fastest Growing Private Companies
  • Frisco | Ranked #1 Real Estate Market in the U.S. | Population: 219,587+

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