810 E Union Hills Dr - Fast Food FOR SALE
Phoenix, AZ 85024 |
$2,879,000 USD
214-643-6097
810 E Union Hills Dr
Phoenix, AZ 85024
HIGHLIGHTS
- Brand new 10-year NN* lease to Starbucks Corporation with attractive 10% 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 September 2024 (est.)
- Property features drive-thru/walk-up concept with an impressive 21-car stack!
- Positioned just off the hard corner (1 mile south of Loop 101 with 152,709 CPD) on a pad site to Goodwill Anchored Retail Center
- 2023 DEMOGRAPHICS: Total Population (5-MI): 286,638 | Average Household Income (1-MI): $114,176
FOR SALE DETAILS
PRICE
$2,879,000 USD
PRICE/SF
$3,309 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STARBUCKS (INFILL LOCATION) – PHOENIX, 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
0.49 AC
LAND SF
21,344 SF
ZONING
C
APN/PARCEL ID
213-25-001R
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214-643-6097
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214-643-6097
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