Marcus & Millichap Facilitates $3.2 Million Sale of Better Buzz Coffee Property in Avondale, Arizona

Reuters
2025/06/18
Marcus & Millichap Facilitates $3.2 Million Sale of Better Buzz Coffee Property in Avondale, Arizona

Marcus & Millichap Inc. has successfully brokered the sale of a Better Buzz Coffee property in Avondale, Arizona, for $3,225,000. The transaction was completed using 1031 Exchange funds and was an all-cash deal, reflecting the ongoing demand for quality net-leased assets in high-growth areas like the West Valley. The property, located at 10650 W. McDowell Road, is a newly built facility for the San Diego-based Better Buzz Coffee, which is expanding into the Phoenix market. The site operates under a 15-year absolute triple-net lease and is strategically positioned near Phoenix Sky Harbor International Airport and Arizona State University. This marks Better Buzz's first Arizona location, with plans for additional openings in Tempe, Surprise, Scottsdale, and Queen Creek later in the year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.

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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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