HIGHLIGHTS
- 10 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
- Immediate Proximity to the Loop 202 Interchange - Provides Instant Freeway Access, Positioning the Site as a Natural Stopping Point.
- Area Experiencing Major GrowthThe Phoenix-Mesa-Chandler MSA Added approx. 59,000 Residents in a Single Year.
- East Apache Trail Serves as the Primary Commercial Spine Connecting East Mesa to the Loop 202 Interchange.
- Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #116 on the Fortune 500 List with an Annual Revenue of more than $37.18 B.
- The Subject Property is a Named Anchor within Red Mountain Plaza at the Northeast Corner of Apache Trail and Loop 202.
OVERVIEW
Starbucks w/ Drive-Thru | Brand New High Quality Construction | Immediate Access to Loop 202 Interchange | Area Experiencing Major Growth | Densely Populated & Affluent Area | Minutes from Major Medical Centers | W/in Red Mountain Plaza | In Close Proximity to one of Arizona’s Largest Public High Schools
FOR SALE DETAILS
PRICE
$3,180,000 USD
PRICE/SF
$2,169 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STARBUCKS w/ DR-THRU | 2025 CONSTRUCTION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.59 AC
LAND SF
25,700 SF
ZONING
-
APN/PARCEL ID
218-40-004Q
ASK ABOUT THIS PROPERTY
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858-373-3184
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858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
