515 E Wickenburg Way - Restaurant FOR SALE


Wickenburg, AZ 85390
$2,250,000 USD
602-538-7155
515 E Wickenburg Way, Wickenburg, AZ for Sale
$2,250,000 USD
Restaurant - FOR SALE
1/9
null | 6% Cap Rate

515 E Wickenburg Way
Wickenburg, AZ 85390


HIGHLIGHTS

  • 10% rent increase every 5 years
  • Corporate guaranty
  • Below market rents
  • Located in an opportunity zone
  • Starbucks invested $3,000,000+ in tenant improvements
  • ±1.40 acre lot with frontage on major Wickenburg thoroughfare

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Starbucks, the world’s largest coffeehouse chain and one of the most recognized consumer brands globally. The property is secured by a corporate guarantee from Starbucks Corporation and features a net lease structure with minimal landlord responsibilities, providing investors with a durable and passive income stream backed by a proven national operator. The lease commenced in August 2023 and includes attractive 10% rental increases every five years throughout the primary term and option periods, creating built-in income growth over the hold period. Founded in 1971 in Seattle’s Pike Place Market, Starbucks has grown into a global retail platform with 40,990 stores worldwide as of fiscal year-end 2025 and generated approximately $37.18 billion in total net revenues during fiscal 2025. Starbucks’ scale, brand equity, and longstanding market presence continue to position the company as a dominant force within the quick-service coffee segment and a highly desirable net lease tenant for private and institutional investors alike. The subject property is strategically located along Wickenburg Way/US-60, one of the community’s primary commercial corridors, and benefits from strong visibility, direct frontage, and convenient drive-thru access. Situated on approximately 1.40 acres and improved with a ±3,000-square-foot building renovated in 2023, the asset represents a larger-format Starbucks prototype in a gateway location serving both local traffic and travelers along the US-60 Highway. The property is further enhanced by Starbucks’ reported investment of more than $3,000,000 in tenant improvements, underscoring the company’s long-term commitment to the site. With an opportunity zone location and strong household incomes within the surrounding trade area, the asset offers investors a compelling combination of high-quality real estate, corporate-backed tenancy, and long-term income stability.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$750 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

C-3, Wickenburg

APN/PARCEL ID

505-26-009

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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