Starbucks
3,650,000
Phoenix, AZ
At-A-Glance
NEW LISTING
Brand New Starbucks Drive-Thru Opportunity
- Corporately guaranteed Starbucks, on long-term 10 year NNN lease, plus options
- Outparcel to Bashas Grocery anchored shopping center
Arizona Designated Broker:
Alexandra Loye | Alexandra.Loye@cushwake.com
Cushman and Wakefield | R.E. License No. BR632932000
2555 E Camelback Road, Suite 400, Phoenix, AZ 85016
Opportunity
Highlights
- Brand new NNN leased Starbucks in Phoenix, AZ
- Affluent Area -Near Paradise Valley & Scottsdale. The average household income is in excess of $115,500 within a 1-mile radius of the subject property.
- The property was built in 2021 and features a long-term (10-year) NNN lease with corporate Starbucks
- Ideally located at the signalized, intersection of E Shea Boulevard and N 32nd Street (over 41,300 vehicles per day)
- Outparcel to Bashas Grocery anchored shopping center - As an outparcel to a busy grocery anchored center, this creates ideal crossover shopping for customers and synergy between the tenants
- Dense trade area - There are nearly 275,000 residents living within a 5-mile radius of the subject property
