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Restaurant

Starbucks

7824 E 32nd St, Yuma, AZ 85365

Listing Price: $2,546,000

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
8.2
Gross SF
2,051
Guarantor
Corporate Guarantee
Rentable SF
2,051
Price/Gross SF
$1,241.35
Lease Type
Double Net
Rent Per Square Feet
$68.26

Investment Overview

Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, the company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores.

The City of Yuma is nestled right in the southwest corner of Arizona, bordering California and Mexico. Home to over 100,000 residents, the population nearly doubles during the winter season.

Investment Highlights

  • Eight Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • Top 25th Percentile Nationwide for Visits per Placer.ai
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • 44,047 Residents within a Five-Mile Radius - Growing Yuma Trade Area
  • Situated Immediately Off the I-8 Freeway, a Major Connector Providing a Direct Route Between Phoenix and San Diego
  • Easily Accessible Location Near the Intersection of East 32nd Street and S Avenue 8 E (±38,860 Combined Cars per Day)
  • Across from Walmart Supercenter and Surrounded by National Retailers: Wendy's, Panda Express, Circle K, and More

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

Listing Price: $2,546,000

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
8.2
Gross SF
2,051
Guarantor
Corporate Guarantee
Rentable SF
2,051
Price/Gross SF
$1,241.35
Lease Type
Double Net
Rent Per Square Feet
$68.26

Investment Highlights

  • Eight Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
  • Top 25th Percentile Nationwide for Visits per Placer.ai
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • 44,047 Residents within a Five-Mile Radius - Growing Yuma Trade Area
  • Situated Immediately Off the I-8 Freeway, a Major Connector Providing a Direct Route Between Phoenix and San Diego
  • Easily Accessible Location Near the Intersection of East 32nd Street and S Avenue 8 E (±38,860 Combined Cars per Day)
  • Across from Walmart Supercenter and Surrounded by National Retailers: Wendy's, Panda Express, Circle K, and More

Investment Overview

Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, the company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores. The City of Yuma is nestled right in the southwest corner of Arizona, bordering California and Mexico. Home to over 100,000 residents, the population nearly doubles during the winter season.

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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