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3225 E Baseline Rd
Phoenix, AZ 85042 South Mountain

$2,800,000 USD

General Retail For Sale  •  2,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 2,485 SF
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.00 %
  • Tenancy Single
35 Transit Score
42 Walk Score

Highlights

Brand-new, 15-year lease with a corporate guaranty from Black Rock Coffee (NYSE: BRCB)
Absolute NNN with no Landlord responsibilities
2,485 SF brand new construction building with a double drive-thru
The lease has scheduled rent increases - 10% every 5 years including each option period
Black Rock Coffee has ±54 stores in Arizona and growing, along with their recent IPO in September of 2025 (NYSE: BRCB)

Property Flyers

Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Black Rock Coffee Bar 2,485 SF

Amenities

  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 14 min - 7.1 mi
Phoenix-Mesa Gateway 37 min - 25.8 mi
Sean Bishop, CCIM 602-954-3774 Lee & Associates
Sean Bishop, CCIM 602-954-3774 Lee & Associates