7824 E 32nd St - Retail FOR SALE


Yuma, AZ 85365
$2,546,000 USD
602-687-6694
7824 E 32nd St, Yuma, AZ for Sale
$2,546,000 USD
Retail - FOR SALE
1/4
null | 5.5% Cap Rate

7824 E 32nd St
Yuma, AZ 85365


HIGHLIGHTS

  • 8 Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • Top 25th Percentile Nationwide for Visits per Placer.ai
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • 44,047 Residents within a 5-Mile Radius - Growing Yuma Trade Area
  • Situated Immediately Off the I-8 Freeway, a Major Connector Providing a Direct Route Between Phoenix and San Diego

OVERVIEW

Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, the company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores. The City of Yuma is nestled right in the southwest corner of Arizona, bordering California and Mexico. Home to over 100,000 residents, the population nearly doubles during the winter season.

FOR SALE DETAILS

PRICE

$2,546,000 USD

PRICE/SF

$1,241 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

B-2

APN/PARCEL ID

698-32-013

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.