Listed by Marcus & Millichap - San Diego
$3,180,000
STARBUCKS W/ DRIVE-THRU | STRONG DEMOS | 2025 CONSTRUCTION
Details
APN 21840004Q
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,466
Cap Rate 5%
NOI $159,000
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Expiration 02/29/2036
Remaining Term 9.6
Rent Bumps Yes
Class A
Year Built 2025
Stories 1
Acreage 0.590
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Immediate Access to Loop 202 Interchange | Area Experiencing Major Growth
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310719/starbucks
Investment highlights
- 10 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 High Quality Construction w/ Drive-Thru.
- Immediate Proximity to the Loop 202 Interchange - Provides Instant Freeway Access, Positioning the Site as a Natural Stopping Point for East Valley Commuters Heading toward Phoenix.
- The Phoenix-Mesa-Chandler MSA Added approx. 59,000 Residents in a Single Year, Ranking Fourth in the U.S. for Raw Population Growth - a Macro Tailwind Driving Sustained East Valley Retail Demand.
- East Apache Trail Serves as the Primary Commercial Spine Connecting East Mesa to the Loop 202 Interchange, Channeling Tens of Thousands of Daily Vehicle Trips past this Pad.
- 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 Billion.
- The Subject Property is a Named Anchor within Red Mountain Plaza at the Northeast Corner of Apache Trail and Loop 202, Alongside Burger King, Dollar Tree, O’Reilly Auto Parts, and RentA-Center.
- Densely Populated and Affluent Trade Area: Features an Average Household Income of more than $98k and over 238k People Residing within a 5-Mile Radius.
- Within Minutes of Advocate South Suburban Hospital, Ingalls Memorial Hospital, and Franciscan Health Olympia Fields - Collectively Employing Thousands of Healthcare Workers Generating Consistent Daily Traffic Demand.
- In Close Proximity to Red Mountain High School - One of Arizona’s Largest Public High Schools with 3,379 Enrolled Students, Generating Sustained Daily Morning and Afternoon Traffic Directly within the Immediate Trade Area.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$159,000.00
$13,250.00/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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