$2,800,000 USD
480-718-5555
810 E Union Hills Dr
Phoenix, AZ 85024
Deer Valley
HIGHLIGHTS
- Brand new 10-year lease to Starbucks Corporation with attractive 10% rental escalations every 5 years!
- OPERATOR/SUBSTANTIAL REMODEL - Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 38,000 locations
- Brand new, build-to-suit construction to Starbucks newest prototype - slated to open September 2024 (est.)
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned just off the hard corner (1 mile south of Loop 101 with 152,709 CPD)
- Excellent drive-by visibility/access on E Union Hills Dr (main west/east thoroughfare) with traffic counts of 54,339 CPD!
- 2024 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 286,638 | Average Household Income (1-MI): $114,176
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$3,218 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STARBUCKS (New 10Yr. Lease) – PHOENIX, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.49 AC
LAND SF
21,344 SF
ZONING
C
APN/PARCEL ID
213-25-001R
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480-718-5555
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480-718-5555
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