2130 N Arizona Ave - Fast Food FOR SALE


Chandler, AZ 85225- North Chandler
$3,384,000 USD
214-643-6097
2130 N Arizona Ave, Chandler, AZ for Sale
$3,384,000 USD
Fast Food - FOR SALE
1/11
null | 5.35% Cap Rate

2130 N Arizona Ave
Chandler, AZ 85225
North Chandler


HIGHLIGHTS

  • Brand new 10-year NN* lease to Starbucks Corporation with attractive 8.0% rental escalations every 5 years!
  • Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 38,000 locations worldwide
  • Brand new, build-to-suit construction to Starbucks newest prototype - slated to open August 2024 (est.)
  • Positioned just off the hard corner with excellent drive-by visibility/access on AZ- 87/N Arizona Ave (main north/south thoroughfare)
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$3,384,000 USD

PRICE/SF

$1,258 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STARBUCK'S - CHANDLER, 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

0.87 AC

LAND SF

37,897 SF

ZONING

C

APN/PARCEL ID

302-28-278

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.