Scottsdale, AZ 85254

Starbucks

Property Address

7050 East Shea Boulevard, Scottsdale, AZ, USA

Offering Summary

  • Price: $2,238,000
  • Lot Size: .231 Acres
  • Cap Rate: 5.25%
  • Year Built: 2009
  • Building SF: 900
  • Status: Available
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  • 9+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 184,626 Residents within a 5-Mile Radius - Households and Population Projected to Increase 6% in the Surrounding Area by 2028
  • Multiple Renewal Options with 10% Rental Increases Every 5 Years
  • Affluent Trade Area with Average Household Income Exceeding $180,000 within 3 Miles
  • Located within the Scottsdale/Shea Retail Corridor Surrounded by National Tenants: Safeway, Harkins Theaters, McDonald’s, and More

Broker Information