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4377 E Baseline Rd
Phoenix, AZ 85042
THE HUMAN BEAN · Retail Property For Sale
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
$3,200,418 CAD
Price Per SF
$5,032.10 CAD
Cap Rate
6.11%
NOI
$195,581 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
Property Taxes
| Parcel Number | 301-18-002E | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $189,897 CAD |
Property Taxes
Parcel Number
301-18-002E
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,897 CAD
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