Phoenix, AZ 85048

Starbucks

Property Address

15615 South Desert Foothills Parkway, Phoenix, AZ, USA

Offering Summary

  • Price: $4,341,000
  • Lot Size: 1.25 Acres
  • Cap Rate: 5.25%
  • Year Built: 2003/2025
  • Building SF: 4,586
  • Status: Available
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  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 100,259 Residents within a 5-Mile Radius - Growing Trade Area in the Ahwatukee Foothills
  • New Community Sit Down Prototype on a Huge 1.25-Acre Lot
  • Prime Location within the Ahwatukee Foothills - High Barrier to Entry Due to Community Association Restrictions
  • Ahwatukee Foothills was Ranked #1 in 2025 Best Neighborhoods to Live in Phoenix by Niche.com
  • The Only Starbucks in Arizona Listed for Under $1,000/SF - One of the Top Starbucks Locations in its District
  • Affluent Trade Area - $186,000 Average Household Income in the Immediate Area

Broker Information