15615 S Desert Foothills Pky - Fast Food FOR SALE


Phoenix, AZ 85048- Ahwatukee
$4,341,000 USD
602-687-6694
15615 S Desert Foothills Pky, Phoenix, AZ for Sale
$4,341,000 USD
Fast Food - FOR SALE
1/6
null | 5.25% Cap Rate

15615 S Desert Foothills Pky
Phoenix, AZ 85048
Ahwatukee


HIGHLIGHTS

  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 100,259 Residents within a 5-Mile Radius - Growing Trade Area in the Ahwatukee Foothills
  • New Community Sit Down Prototype on a Huge 1.25-Acre Lot
  • Prime Location within the Ahwatukee Foothills - High Barrier to Entry Due to Community Association Restrictions
  • Ahwatukee Foothills was Ranked #1 in 2025 Best Neighborhoods to Live in Phoenix by Niche.com

OVERVIEW

Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11thlargest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

FOR SALE DETAILS

PRICE

$4,341,000 USD

PRICE/SF

$947 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

C-2

APN/PARCEL ID

300-97-244

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.