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10443 N 32nd St

6,000 SF Retail Building Phoenix, AZ 85028 $4,621,397 CAD ($770 CAD/SF) 3.92% Cap Rate

Investment Highlights

  • Unlimited parking at adjacent park and ride lot
  • neighborhood variance for liquor license pre-approved
  • system rough-in includes restaurant ready infrastructure for future use

Executive Summary

Press Roastery is a modern warehouse consolidating the client's operations into a unified facility showcasing the roasting process and providing a complete coffee 'experience.' A mezzanine-level tasting room floats above the space and overlooks the production floor and a cafe. Inspired by the client's logo, black masonry alternating with white metal panels creates a strong graphic identity inside and out. A level of refinement is introduced with custom steel windows and detailing, including a slatted shade structure which extends the volume west towards the street, capturing a patio and shading the entry, while providing an armature for signage and lighting.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Year Built
2019
Price
$4,621,397 CAD
Price Per SF
$770 CAD
Cap Rate
3.92%
NOI
$181,204 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Land Acres
0.64 AC
Zoning
PAD
Frontage
100 ft on 32nd St

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 5,600 SF
  • -
  • Net
  • Jun 2029

Press Coffee est un torréfacteur de café en petits lots qui expédie du café de spécialité dans le monde entier. Ils partagent leur passion pour le café en fournissant chaque jour un café, un service et des connaissances de la plus haute qualité à leurs clients et à la communauté. Que les clients visitent l'un de leurs cafés Phoenix, AZ ou commandent du café en ligne, ils torréfient leur café de manière experte tous les jours à l'interne pour assurer aux clients le plus frais possible. Le magasin Press Coffee débute en 2008 avec Steve Kraus et sa femme Tam Mai, qui avaient une passion pour le bon café. Ne trouvant pas la qualité qu'ils recherchaient, ils ont décidé de créer leur propre café spécialisé. Ouvert quelques mois à peine avant la récession de 2008, Steve et sa femme ont été testés dès le début. Heureusement, la passion et l'engagement de Steve et Tam pour la préparation d'un excellent café ont permis de fidéliser leurs clients et de les maintenir à flot.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 5,600 SF - Net Jun 2029
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165-02-061
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$216,391 CAD
  • Listing ID: 32666226

  • Date on Market: 2024-08-02

  • Last Updated:

  • Address: 10443 N 32nd St, Phoenix, AZ 85028

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