Log In/Sign up
Your email has been sent.
Black Rock Coffee 427 Wilshire blvd 1,887 sq ft Retail Property Burleson, TX 76028 £2,161,807 (£1,145.63/sq ft) 5.99% Net Initial Yield
EXECUTIVE SUMMARY
Brand New Construction, 15-Year Corporate Absolute Net Lease – No Landlord Responsibilities
Rental Increases Every 5 Years with 4 x 5 Year Options
Black Rock Coffee is one of the Largest Publicly Traded Coffee Companies in the US and Operates over 140+ Locations in 7 States (41 of them in Texas)
Ranked one of America’s Fastest Growing Companies by Inc Magazine in 2022
High Traffic Counts on Wilshire Blvd (42,720 Vehicles Per Day)
Dense Retail Corridor Surrounded by National Retailers that Include Chicken Express, QuikTrip, Dairy Queen, CVS, and Exxon
Black Rock Coffee Bar successfully closed its IPO, raising ~$294 million by pricing 14.7 million shares at $20 each, with a value of $1.32Billion.
Rental Increases Every 5 Years with 4 x 5 Year Options
Black Rock Coffee is one of the Largest Publicly Traded Coffee Companies in the US and Operates over 140+ Locations in 7 States (41 of them in Texas)
Ranked one of America’s Fastest Growing Companies by Inc Magazine in 2022
High Traffic Counts on Wilshire Blvd (42,720 Vehicles Per Day)
Dense Retail Corridor Surrounded by National Retailers that Include Chicken Express, QuikTrip, Dairy Queen, CVS, and Exxon
Black Rock Coffee Bar successfully closed its IPO, raising ~$294 million by pricing 14.7 million shares at $20 each, with a value of $1.32Billion.
PROPERTY FACTS Under Offer
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Property Size
1,887 sq ft
Costar Property Class
B
Year Built
2024
Price
£2,161,807
Price per sq ft
£1,145.63
Yield
5.99%
NOI
£129,567
Tenancy
Single
Number of Floors
1
Plot ratio
0.02
Total Plot Size
1.97 ac
Use Class
C
Frontage
188 ft on Southwest Wilshire Boulev
Walk Score®
Easily Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 126-2791-00300 | Improvements Assessment | £813,275 |
| Land Assessment | £444,188 | Total Assessment | £1,257,462 |
PROPERTY TAXES
Parcel Number
126-2791-00300
Land Assessment
£444,188
Improvements Assessment
£813,275
Total Assessment
£1,257,462
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Summit Real Estate
Black Rock Coffee | 427 Wilshire blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.