Killeen, TX - Black Rock Coffee

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Black Rock Coffee investment property located in Killeen, Texas. The lease is signed by Black Rock Store Operations LLC, the store operating entity and a subsidiary of publicly traded Black Rock Coffee Bar, Inc. (NASDAQ: BRCB), and features a brand new 15-year term with four (5-year) renewal options. Scheduled 10% rental increases every five years throughout the primary term and at the beginning of each option period provide steady NOI growth and a hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, providing an ideal, management-free investment opportunity. The property features 2026 construction with modern improvements and drive-thru infrastructure.

Black Rock Coffee is prominently positioned along S. Clear Creek Road (29,800 VPD), with connectivity to Interstate 14 (77,300 VPD), and is surrounded by national retailers including Walmart Supercenter, H-E-B, ALDI, 7-Eleven, AutoZone, and McDonald’s. The property benefits from proximity to major demand drivers including Shoemaker High School, Central Texas College, AdventHealth Central Texas, Fort Hood, and Killeen Regional Airport. The site is also located within the same development as Altair at Clear Creek, a $27 million, 182-unit multifamily community currently under construction, with additional retail development planned along
S. Clear Creek Road. The surrounding 5-mile trade area is supported by more than 122,600 residents and 29,900 employees, while the 1-mile trade area features an average household income of $92,184.

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Listing ID: a28TP000003GJD3YAO