Tempe, AZ 85282

Starbucks

Property Address

630 West Baseline Road, Tempe, AZ, USA

Offering Summary

  • Price: $2,577,000
  • Lot Size: .83 Acres
  • Year Built: 2019
  • Building SF: 2,400
  • Status: Closed
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  • 7+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10 Percent Rental Increases Every Five Years
  • 326,047 Residents within a Five-Mile Radius - Dense Tempe Infill within the Phoenix MSA, Projected to Increase Nearly Four Percent by 2027
  • Highly Visible Location Along West Baseline Road (44,600 Cars per Day)
  • Down the Road from Arizona Mills, the State's Largest Indoor Outlet Mall
  • Strong Daytime Population - 596,921 Employees within Five Miles of the Site
  • Located 10 Minutes from Phoenix Sky Harbor International Airport and Arizona State University (Nearly 55,000 Students Enrolled)
  • Less Than Two Miles from Arizona Grand Resort & Spa, Featuring 744 Guest Rooms, 120,000 SF of Meeting Facilities and Event Venues, a Golf Course, and Restaurants

Broker Information