Listed by Faris Lee Investments, A.T. Pancrazi Real Estate Services Inc
$2,950,000
Starbucks
Details
APN 775-05-012
Property Type Retail
Sub Type Storefront, Coffee
Square Footage 2,403
Cap Rate 5%
NOI $147,500
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 08/29/2032
Lease Options 4 (5-Year)
Price per SqFt $1,228
Year Built 2022
Acreage 0.810
Zoning C-2
Parking Spaces 32 spaces
Parking per 1,000 SqFt 13.32
Lease Commencement 08/30/2022
NNN 10-Yr Lease | 10% Rent Increases | Drive Thru
Marketing description
For Sale
Investment highlights
Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry
Long-Term Lease / 8.5 years remaining - With 10% Rent Increases Every 5 Years
Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area
Strong Performing Store - Ranks Top 12% in Traffic Nationwide & Top 7% in the State of Arizona According to Placer.ai
Ideal Café and Drive-Thru Concept for Starbucks
Strategic Location Just 2 Miles from the San Luis Port Of Entry with Mexico
Ease Of Management Investment | Pride of Ownership New Construction
Freestanding Pad to Super Walmart, Goodwill, and Dollar Tree Anchored Center
Listing Contacts
Listed by Faris Lee Investments, A.T. Pancrazi Real Estate Services Inc
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$147,500.00
$12,291.67/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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