- Single-tenant Starbucks drive-thru investment opportunity featuring a recently extended net-lease with ±5.75 years remaining. There are 10% rental increases every five years and five (5), five (5) year option periods. - Starbucks has an investment-grade S&P credit rating of BBB+ and operates ±40,879 stores globally (Source: Starbucks.com). - The Property is located on the signalized hard corner of Thunderbird Rd and 19th Ave (±64,853 VPD) and minutes east of the I-17 (±223,388 VPD) (Source: ADOT, 2024).  - The Property sits on a ±0.92-acre parcel. - This location boasts strong demographics with a dense population of ±137,084 and a healthy average household income of ±$92,641 in a 3-mile radius (Source: Esri).  - The Property is directly south of Thunderbird High School (±1,540 students) and ±5-minutes east of Arizona State University’s West Campus (±5,354 students), which recently announced a major campus expansion.  - Metrocenter Mall, one of Phoenix’s most iconic properties, is located ±10-minutes south of the Property. Concord Wilshire Capital and TLG Investment partners, in partnership with international real estate firm Hines, recently purchased Metrocenter Mall and have plans for a $850 million redevelopment that will include thousands of new residential units and ±150,000 square feet of commercial space (Source: azbigmedia).