Restaurant
Starbucks - New Build - 1.25 Acre Parcel
525 N 99th Ave, Tolleson, AZ 85353
Listing Price: $3,195,000
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.”
Tolleson is a city in Maricopa County, Arizona, home to an estimated 7,200 residents and part of the Phoenix metropolitan area.
Starbucks - New Build - 1.25 Acre Parcel
Investment Highlights
- Brand New 10-Year Lease with Corporate Guaranty by Starbucks (NYSE: SBUX) - Large 1.25 Acre Lot
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Dense Trade Area in the Phoenix MSA with 314,719 Residents in a Five-Mile Radius
- Rapidly Growing Trade Area - Households and Population Projected to Increase Over 7 Percent in the Immediate Area Over the Next Five Years
- New High-Quality 2025 Construction with a Drive-Thru
Listing Price: $3,195,000
Investment Highlights
- Brand New 10-Year Lease with Corporate Guaranty by Starbucks (NYSE: SBUX) - Large 1.25 Acre Lot
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Dense Trade Area in the Phoenix MSA with 314,719 Residents in a Five-Mile Radius
- Rapidly Growing Trade Area - Households and Population Projected to Increase Over 7 Percent in the Immediate Area Over the Next Five Years
- New High-Quality 2025 Construction with a Drive-Thru
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” Tolleson is a city in Maricopa County, Arizona, home to an estimated 7,200 residents and part of the Phoenix metropolitan area.
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