$4,260,000 USD
844-585-7636
HIGHLIGHTS
- Single-Tenant Corporate Starbucks Drive-Thru and Cafe (NASDAQ: SBUX; S&P: BBB+)
- New 10-year lease; 10% rent increase every 5 years
- Four 5-year options at 10% increases
- Only Starbucks Drive-Thru in a 4.5-Mile Radius
- Very Strong Performing Store: One of the top busiest locations in the district of approx. 30 locations
- Long-Term Replaceable and Sustainable Rent
FOR SALE DETAILS
PRICE
$4,260,000 USD
PRICE/SF
$929 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | Phoenix, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
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
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844-585-7636
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844-585-7636
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