Black Rock Rep Photo

Black Rock Coffee Bar – Richmond, TX

Tenancy: Black Rock Coffee Bar
Building Size: 1,887
Renewal Options: Four 5-Year
Lease Expiration: 4/21/2037 (15 Year Lease)
Rental Increases: 10% Every 5-Years

New Single-Tenant Black Coffee Bar:

Brand new construction (expected opening December 2021)

Absolute NNN, 15-year lease

Corporate guarantee

83 locations in seven states with over 115 sites expected to be open by the end

of 2021 with expansion into Oklahoma, Florida, and Tennessee

Over $100 million in revenue in 2021 (Portland Business Journal)

Received strategic growth investment from The Cynosure Group in 2020 who

currently has about 1.8 billion under management