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THE HUMAN BEAN 4377 E Baseline Rd 636 SF Retail Building Phoenix, AZ 85042 $3,266,453 CAD ($5,135.93 CAD/SF) 6.11% Cap Rate
INVESTMENT HIGHLIGHTS
- MODERN CONSTRUCTION – BUILT IN 2020: High-quality, recently built asset with full responsibility on the tenant.
- PROVEN OPERATOR – MULTI-UNIT FRANCHISEE: Operated by an experienced franchisee with four locations throughout the Phoenix Metro.
- LIMITED COMPETITION – PROTECTED TRADE AREA: No direct coffee competitors within a 1-mile radius, offering tenant a clear competitive edge.
- DOUBLE DRIVE-THRU – HIGH-VOLUME FORMAT: Efficient double-lane drive-thru design supports high volumes and strong performance.
- TRATEGIC LOCATION – HIGH VISIBILITY & ACCESS: Located on Baseline Rd with ±63,500 vehicles per day.
- BUILT-IN RENTAL GROWTH – 10% EVERY 5 YEARS: Lease includes 10% rent escalations every 5 years.
EXECUTIVE SUMMARY
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
636 SF
Building Class
B
Year Built
2020
Price
$3,266,453 CAD
Price Per SF
$5,135.93 CAD
Cap Rate
6.11%
NOI
$199,617 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.91 AC
Zoning
C-1
Parking
11 Spaces (17.3 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 301-18-002E | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $195,498 CAD |
PROPERTY TAXES
Parcel Number
301-18-002E
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$195,498 CAD
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THE HUMAN BEAN | 4377 E Baseline Rd
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