Scottsdale, AZ 85257

Starbucks

Property Address

8055 East McDowell Road, Scottsdale, AZ, USA

Offering Summary

  • Price: $3,036,000
  • Lot Size: 32,126 SF
  • Cap Rate: 5.0%
  • Year Built: 2024
  • Building SF: 2,400
  • Status: Available
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  • Rare Opportunity to Buy in Scottsdale
  • 8+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 282,636 Residents within a 5-Mile Radius - Households and Population Projected to Increase 4% in the Surrounding Area by 2030
  • Multiple Renewal Options with 10% Rental Increases Every 5 Years
  • Average Household Income Exceeds $107,000 within 3 Miles
  • Frontage Along McDowell Road with 53,000+ Cars per Day at the Corner of McDowell Road and Hayden Road
  • Adjacent to General Dynamics Mission System’s Scottsdale Campus
  • One Mile Off the Loop 101 Freeway, a Major Connector for the Phoenix MSA
  • Surrounded by National Retailers: Lowe’s, Fry’s Food And Drug, McDonald’s, Chipotle, Walgreens, and More

Broker Information