Tolleson, AZ (Phoenix MSA) 85353

Starbucks

Property Address

525 North 99th Avenue, Tolleson, AZ, USA

Offering Summary

  • Price: $3,195,000
  • Lot Size: 1.25 Acres
  • Cap Rate: 5.45%
  • Year Built: 2024
  • Building SF: 2,400
  • Status: Available
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  • Brand New 10-Year Lease with Corporate Guaranty by Starbucks (NYSE: SBUX) - Large 1.25 Acre Lot
  • 7.5% Rental Increases Every Five Years with Multiple Renewal Options
  • Dense Trade Area in the Phoenix MSA with 314,719 Residents in a 5-Mile Radius
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 7% in the Immediate Area Over the Next 5 Years
  • New High-Quality 2025 Construction with a Drive-Thru
  • Surrounded by New Construction, Including a Hotel, Retail, Residential, and Industrial
  • Located at the Corner of North 99th Avenue and West Van Buren Street, Accessible by a Combined ±47,650 Cars per Day

Broker Information