Vestis Group Negotiates Hard Corner Ground Lease For Bikini Beans Coffee In Mesa | RED News Service
By Karen Schutte | Real Estate Daily News
Vestis Group negotiated a 30-year ground lease for Bikini Beans Coffee, at the intersection of Country Club and Guadalupe, in Mesa, Arizona.
Phoenix, Arizona – Vestis Group, a commercial brokerage and investment firm, is pleased to announce the completed ground lease for Bikini Beans Coffee, along Mesa’s Country Club Corridor, aka State Route 87, at 2816 S Country Club Dr, Mesa, AZ 85210.
“This is Bikini Beans Coffee’s third location in Arizona. The first two stores opened in Phoenix and Tempe,” says Matt Morrell, President of Retail Investments at Vestis Group and the lead broker for this transaction, “Bikini Beans Coffee’s Mesa store is located at the southwest corner of Country Club and Guadalupe. Neighboring business in the trade area include Arizona Wilderness Brewing Company, Popeyes Louisiana Kitchen, Costco, WinCo Foods, Sonic Drive-In, CubeSmart Self Storage, Treeland Nurseries, V-Dub Furniture, SummerWinds Nursery, Sprinkler World, QuickTrip, Wendy’s, OneAZ Credit Union, GoDaddy, Papa John’s Pizza, Tomar Electronics, Paragon Vision Sciences, Walters & Wolf, Air Transport Components, SCP Distributors, Curtiss-Wright, United Refrigeration and Ferguson HVAC Supply. We are currently working on a 4th store location in the West Valley and actively seeking additional locations for Bikini Beans Coffee across Metro Phoenix.”
The Phoenix based Vestis Group commercial brokerage team of Natan Jacobs and Matt Morrell negotiated the ground lease on behalf of the tenant, Bikini Beans Coffee. Vestis Group provides tenant representation services to select national, regional and local tenants with their expansion plans throughout Arizona. – more at realestatedaily-news.com