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| Price $2,731,111 $2,809,142 | Built/Renov 2022 | Tenant Starbucks |
| Cap Rate 5.40% 5.25% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
2,458
| Lease Start
11-01-2023
| #Units
36,000
|
| Price/SF $1,111.11 $1,142.86 | Expiration
11-01-2033
| Tenant Type Fast Food/QSR |
| NOI $147,480 | R. Term 8.5 | Ownership Fee Simple |
| Rent/SF
$60.00
| Increases 10.0%/5/yrs | Pop 5Mi 436,218 |
| Lot/AC 1.31 | Options 4/5yrs/10% | AHHI 5Mi $73,680 |
| | |
Starbucks is situated on N Central Avenue, benefiting from a daily traffic count of 30,806 vehicles passing by. It is located in a densely populated area of central Phoenix. The property's prime position along Central Avenue, a busy thoroughfare in Phoenix with a daily traffic count of 30,806 vehicles, adds to its convenience. In addition, this Starbucks location enjoys the advantage of being...
...New construction
New prototype
Major thoroughfare
Near major nationals
Dense 200M+ pop 5 mi
Top 100 MSA
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 : | 20,163 | 182,249 | 434,103 |
| 2023 Total Population : | 18,016 | 170,154 | 422,277 |
| 2023 Employed Civilian Pop : | 11,282 | 90,064 | 204,794 |
| 2023 Total Businesses : | 2,108 | 11,518 | 20,436 |
| 2023 Average Household Income : | $ 96,386 | $ 88,791 | $ 90,787 |
| 2023 Total Consumer Spending : | $ 840 M | $ 6026 M | $ 13262 M |
| 2023 Median Age : | 39 | 35 | 33 |
| 2023 Total Households : | 9,971 | 77,259 | 166,238 |
| 2023 Pop Age 25+: Bachelor's Degree : | 4,333 | 27,792 | 53,663 |
| 2023 Average Home Value : | $ 468,433 | $ 466,706 | $ 462,801 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Central Avenue | W United Bank Dr | 2018 | 21,095 | 0.00 mi |
| N Central Ave | E Earll Dr | 2012 | 22,486 | 0.10 mi |
| N 1st Pl | E Monterey Way | 2010 | 866 | 0.12 mi |
| E Osborn Rd | N 2nd St | 2015 | 20,953 | 0.21 mi |
| E Catalina Dr | N Central Ave | 2010 | 4,119 | 0.21 mi |
| N 2nd St | E Catalina Dr | 2014 | 1,755 | 0.23 mi |
| N 3rd Ave | W Earll Dr | 2010 | 7,648 | 0.25 mi |
| N 3rd St | E Monterey Way | 2015 | 14,679 | 0.26 mi |
| N 3rd Ave | W Osborn Rd | 2012 | 6,830 | 0.28 mi |
| N Central Ave | E Thomas Rd | 2010 | 19,618 | 0.29 mi |
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
St. Petersburg, FL
Cap Rate 4.65%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 3,575
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Little Elm, TX
Cap Rate 4.59%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 2,822
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Quincy, IL
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 3,062
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 2,370
Penitas, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,227
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,990
Tucson, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 828
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 5,678
Roxboro, NC
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 3,230
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 890
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,977
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,995
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,290
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
