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December 14, 2019
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TEXAS/SOUTHWEST NEWS
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Single-Tenant Retail Building in Glendale, AZ Sells for $1,390/sf

10/16/19

Black Rock Coffee Bar, an 863 sf, single-tenant retail building in Glendale, AZ, sold for $1.2 mil, or $1,390/sf. The property is located at 6805 W. Bell Rd.

The building is 100% leased to Oregon-based Black Rock Coffee Bar, a neighborhood focused coffee shop with over 50 locations. Brand new construction, built in 2019, Black Rock Coffee Bar is located in a strong retail hub with approximately 3 msf of retail in the area.

The buyer was Robert C. Williams Living Trust of Santa Rosa. The seller, Scottsdale-based Dos Compadres 67th LLC, was represented by Chris Hollenbeck of Cushman & Wakefield’s Phoenix office. The sale closed in just 10 days.





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