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Fountain Hills (PHX-Scottsdale), AZ 85268
Starbucks
Property Address
13545 N Fountain Hills Blvd, Fountain Hills, AZ, USA
Offering Summary
Price:
$2,000,000
Lot Size:
0.8 Acres
Year Built:
2018
Building SF:
2,005
Status:
C
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Brand New 10-Year Lease with Starbucks Corporation
Relocation of an Existing Starbucks Store w/ 20+ Year Operating History
10% Rental Increases Every Five Years
Fountain Hills is Community Adjacent to Scottsdale
Rare Lease Provision Allows for Amortization Costs Related to Roof & Parking Lot Charge Backs
New Prototype Footprint with Drive-thru
Average Household Income Exceeds $127K in Surrounding Area
Phoenix MSA – 12th Largest Metropolitan Area in the United States
High Growth Area – Households Expected to Increase 15%+ by 2022
Adjacent to Safeway Grocery Store
Close Proximity to Basha’s, CVS, Walgreens, etc.
Walking Distance from Fountain Hills High School
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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