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Restaurant

Starbucks - Scottsdale

8055 E McDowell Rd, Scottsdale, AZ 85257

Listing Price: $3,036,000

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
8.3
Gross SF
2,400
Guarantor
Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$1,265.00
Lease Type
Double Net
Rent Per Square Feet
$63.25

Investment Overview

Starbucks (NASDAQ: SBUX)is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries.

Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.

Investment Highlights

  • Rare Opportunity to Buy in Scottsdale
  • Eight Plus Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 282,636 Residents within a Five-Mile Radius - Households and Population Projected to Increase Four Percent in the Surrounding Area by 2030
  • Multiple Renewal Options with 10 Percent Rental Increases Every Five Years
  • Average Household Income Exceeds $107,000 within Three Miles

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Starbucks - Scottsdale

Listing Price: $3,036,000

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
8.3
Gross SF
2,400
Guarantor
Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$1,265.00
Lease Type
Double Net
Rent Per Square Feet
$63.25

Investment Highlights

  • Rare Opportunity to Buy in Scottsdale
  • Eight Plus Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 282,636 Residents within a Five-Mile Radius - Households and Population Projected to Increase Four Percent in the Surrounding Area by 2030
  • Multiple Renewal Options with 10 Percent Rental Increases Every Five Years
  • Average Household Income Exceeds $107,000 within Three Miles

Investment Overview

Starbucks (NASDAQ: SBUX)is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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