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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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Principal
Broker
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
Nick Christifulli
Agent
Phone Number:
602-687-6694
Nick.Christifulli@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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