Price $2,999,785 | Built/Renov 2023 | Tenant Starbucks |
Cap Rate 4.65% | Lease Type
NN+ | Guarantor Corp T and Rated |
Size/SF
2,600
| Lease Start
08-01-2023
| #Units
36,000
|
Price/SF $1,153.76 | Expiration
07-31-2033
| Tenant Type Fast Food/QSR |
NOI $139,490 | R. Term 9.7 | Ownership Fee Simple |
Rent/SF
$53.65
| Increases 10.0%/4/yrs | Pop 5Mi 57,258 |
Lot/AC 1.43 | Options 4/5yrs/10% | AHHI 5Mi $82,199 |
| |
Starbucks is situated on N Pinal Avenue with access to 19,019 vehicles passing by daily. It is conveniently located within 1 mile of Casa Grande Union High School, which has an enrollment of approximately 1,977 students. The subject property is also adjacent to Fry's Marketplace, Walgreens, and Villago Village, a community consisting of 1,021 homes. Casa Grande Municipal Airport is just 1 mile...
...New construction
Near major nationals
Strategically located
Top 100 MSA
New development zone
Brand new lease
Favorable NN+ 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 : | 5,068 | 34,694 | 64,245 |
2023 Total Population : | 4,816 | 31,079 | 59,937 |
2023 Employed Civilian Pop : | 2,221 | 14,084 | 26,732 |
2023 Total Businesses : | 64 | 401 | 1,300 |
2023 Average Household Income : | $ 87,678 | $ 83,794 | $ 85,078 |
2023 Total Consumer Spending : | $ 119 M | $ 829 M | $ 1624 M |
2023 Median Age : | 34 | 37 | 37 |
2023 Total Households : | 1,575 | 11,348 | 21,881 |
2023 Pop Age 25+: Bachelor's Degree : | 469 | 2,569 | 4,917 |
2023 Average Home Value : | $ 313,037 | $ 269,432 | $ 263,720 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
W McCartney Rd | N Pinal Ave | 2016 | 9,630 | 0.19 mi |
West McCartney Road | N Pinal Ave | 2018 | 11,495 | 0.20 mi |
North Pinal Avenue | W McCartney Rd | 2019 | 21,243 | 0.26 mi |
North Pinal Avenue | W Palm Ave | 2019 | 19,559 | 0.37 mi |
W McCartney Rd | N Casa Grande Ave | 2013 | 8,990 | 0.55 mi |
West McCartney Road | N Casa Grande Ave | 2019 | 12,035 | 0.55 mi |
North Pinal Avenue | W McCartney Rd | 2021 | 26,362 | 0.56 mi |
North Pinal Avenue | N Sidewinder Trl | 2018 | 21,906 | 0.56 mi |
N Casa Grande Ave | W McCartney Rd | 2013 | 3,600 | 0.58 mi |
West Centennial Boulevard | N Piper Ave | 2019 | 1,916 | 0.58 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]