| Price $2,477,000 $2,500,000 | Built/Renov 1989/2023 | Tenant Starbucks |
| Cap Rate 5.45% 5.40% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
3,000
| Lease Start
08-04-2023
| #Units
36,000
|
| Price/SF $825.67 $833.33 | Expiration
08-31-2033
| Tenant Type Fast Food/QSR |
| NOI $135,000 | R. Term 9.3 | Ownership Fee Simple |
| Rent/SF
$45.00
| Increases 10.0%/4/yrs | Pop 5Mi 7,977 |
| Lot/AC 1.40 | Options 4/5yrs/10% | AHHI 5Mi $101,111 |
| | |
Starbucks is strategically located on Wickenburg Way, the major thoroughfare with access to 24,043 vehicles passing by daily. The area is surrounded by well-known national tenants, including Burger King, Shell, Pizza Hut, Subway, McDonald's, and more. The 5-mile trade area is supported by a population of 7,977 residents with an average household income of $101,111. Wickenburg is a town located...
...Recent renovation
Near major nationals
Strategically located
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official merchandise, such...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,726 | 6,626 | 9,172 |
| 2023 Total Population : | 1,639 | 6,029 | 7,977 |
| 2023 Employed Civilian Pop : | 691 | 2,374 | 2,997 |
| 2023 Total Businesses : | 188 | 362 | 436 |
| 2023 Average Household Income : | $ 94,166 | $ 100,445 | $ 101,111 |
| 2023 Total Consumer Spending : | $ 71 M | $ 266 M | $ 346 M |
| 2023 Median Age : | 50 | 54 | 56 |
| 2023 Total Households : | 863 | 3,026 | 3,917 |
| 2023 Pop Age 25+: Bachelor's Degree : | 262 | 723 | 946 |
| 2023 Average Home Value : | $ 384,701 | $ 400,305 | $ 442,434 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Center | Wickenburg Way | 2019 | 24,465 | 0.11 mi |
| E Center | Hwy 93 | 2015 | 15,000 | 0.32 mi |
| East Wickenburg Way | S Valentine St | 2022 | 12,513 | 0.43 mi |
| W Wickenburg Way | N Washington St | 2015 | 13,958 | 0.60 mi |
| S Mesquite St | 2022 | 15,061 | 0.73 mi | |
| N Tegner St | N Frontier St | 2007 | 13,900 | 0.74 mi |
| US Hwy 93 | E Center | 2015 | 11,117 | 0.84 mi |
| US 93 | 2021 | 13,845 | 1.12 mi | |
| North Tegner Street | Penn Ln | 2022 | 3,737 | 1.19 mi |
| W Zabel Mine Rd | 2022 | 19,992 | 1.26 mi |
Bridgeport, CT
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,000
Delray Beach, FL
Cap Rate 4.75%
Lease Abs NNN
R. Term 9.11 yrs
Size/SF 724
Georgetown, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
Mesa, AZ
Cap Rate 5.35%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,325
Dahlonega, GA
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 3,305
Morristown, TN
Cap Rate 5.30%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 990
Canton, GA
Cap Rate 5.00%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 4,078
Clermont, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 2,518
St. Augustine, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Richmond, KY
Cap Rate 5.40%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Rockmart, GA
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 2,000
Schertz, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 664
Sacramento, CA
Cap Rate 4.65%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 2,240
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 4,481
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 959
Wildwood, NJ
Cap Rate 5.00%
Lease Abs NNN
R. Term 9.70 yrs
Size/SF 1,150
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 4,488
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Oklahoma City, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 780
Davenport, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Joplin, MO
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 3,787
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.70 yrs
Size/SF 3,147
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.80 yrs
Size/SF 3,016
Monmouth, OR
Cap Rate 5.81%
Lease Abs NNN
R. Term 15.11 yrs
Size/SF 2,302
Sacramento, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 1,901
Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 981
Nashville, TN
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 2,800
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
