Mesa, AZ 85203

Starbucks

Property Address

356 North Stapley Drive, Mesa, AZ, USA

Offering Summary

  • Price: $2,695,000
  • Lot Size: .55 Acres
  • Cap Rate: 4.75%
  • Year Built: 2022
  • Building SF: 940
  • Status: Available
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  • Brand New 10-Year Lease with Corporate Guaranty by Starbucks (NASDAQ: SBUX)
  • High-Quality 2022 Construction with a Drive-Thru
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 348,415 Residents within a Five-Mile Radius - Dense Mesa Trade Area in the Phoenix MSA
  • Mesa is the Third-Most Populous City in the State of Arizona
  • Signalized Hard Corner Location with Excellent Visibility and Accessibility Along Two Major Arterials: University Drive (24,450 Cars per Day) and Stapley Drive (22,600 Cars per Day)
  • Less Than Two Miles from Downtown Mesa, Home to Shopping, Dining, Hotels, the Mesa Convention Center, the Mesa Arts Center, and More
  • Across from an Esporta Fitness Anchored Retail Center
  • Average Household Income Exceeds $79,000 within Five Miles

Broker Information